Question

Now you need to find how much tax you will pay for your items. Use your total cost from the previous question and find the amount of tax you will pay if the tax rate is 6%. (Hint: remember to change the percent to a decimal). Round to the nearest cent. (1 point)

Answer 1

To find the amount of tax, you can multiply the total cost by the tax rate as a decimal.

Tax rate = 6% = 6/100 = 0.06

Tax = Total cost * Tax rate

For example, if your total cost is $100, then the tax would be:
Tax = 100 * 0.06 = $6.00

Round to the nearest cent:
Tax = $6.00

Therefore, the amount of tax you will pay is $6.00.