A laptop has a listed price of $686.98 before tax. If the sales tax rate is 9.25%, find the total cost of the laptop with sales tax included.Round your answer to the nearest cent, as necessary.$
Question
A laptop has a listed price of
Solution
Step 1: Convert the sales tax rate from a percentage to a decimal. To do this, divide the percentage by 100. So, 9.25% becomes 0.0925.
Step 2: Multiply the price of the laptop by the sales tax rate (in decimal form) to find the amount of sales tax.
63.546725
Step 3: Add the amount of sales tax to the original price of the laptop to find the total cost.
63.546725 = $750.526725
Step 4: Round to the nearest cent to get the final answer.
$750.53
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