SOLUTION: You want to buy a CD that costs $18.50. The sales-tax rate in your state is 4.5 percent. How much sales tax will you pay for this CD?
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Question 824006
:
You want to buy a CD that costs $18.50. The sales-tax rate in your state is 4.5 percent. How much sales tax will you pay for this CD?
Answer by
jim_thompson5910(35256)
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4.5% of $18.50 = 0.045 * 18.50
4.5% of $18.50 = 0.8325
4.5% of $18.50 = 0.83
So you will pay $0.83 or 83 cents in sales tax.