a. According to the information given in the exercise, the sales tax rate for South Salt Lake is 7.05%
You can write a percent as a Decimal number by dividing it by 100. Then:
[tex]\frac{7.05}{100}=0.0705[/tex]Having a $15,700 car in South Salt Lake, you can find the state sales tax as following:
[tex](15,700dollars)(0.0705)=1,106.85dollars[/tex]b. To calculate the final cost of the car, including tax, you need to add the state sales tax to $15,700. Therefore, you get this result:
[tex]15,700dollars+1,106.85dollars=16,806.85dollars[/tex]The answers are:
a. State sales tax on the car: $1,106.85
b. Final cost of the car: $16,806.85
