easton went shopping for a new phone. sales tax where he lives is 5.5%. the price of the phone is $26. find…
easton went shopping for a new phone. sales tax where he lives is 5.5%. the price of the phone is $26. find the total price including tax. round to the nearest cent.
Answer
Explanation:
Step1: Calculate tax amount
The tax rate is $5.5%=0.055$. The tax amount $t$ is the product of the price of the phone $p = 26$ and the tax - rate $r$. So $t=p\times r=26\times0.055$. $t = 26\times0.055=1.43$.
Step2: Calculate total price
The total price $T$ is the sum of the price of the phone $p$ and the tax amount $t$. So $T=p + t$. $T=26+1.43=27.43$.
Answer:
$27.43$