Step 1: To determine 7.25% of $199.00, you can multiply the price by the sales tax rate.
\[ \text{Sales Tax} = 199.00 \times 0.0725 = 14.3975 \]
Rounding to the nearest hundredth:
\[ \text{Sales Tax} \approx 14.40 \]
Step 2: To find the total price including the sales tax, add the sales tax to the original price.
\[ \text{Total Price} = 199.00 + 14.40 = 213.40 \]
Rounding to the nearest hundredth:
\[ \text{Total Price} = 213.40 \]
Final answers:
- Step 1: $14.40
- Step 2: $213.40