Answer:
$923.27
Step-by-step explanation:
total price = price + tax
tax = price * tax rate
so
total price = price + price* tax rate
if we factor out the price
total price = price (1+tax rate)
substituting what we know
price = 848.98
tax rate = 8.75 %
rewrite this as a decimal = .0875
total price = 848.98 (1+.0875)
848.98 (1.0875)
923.26575
since this is money, we round to the nearest cent
$923.27
