Question

Find the total cost, to the nearest cent, for a sweater that costs $22.95 with an additional 5.5% sales tax.

Answer 1

To find the total cost of the sweater including sales tax, follow these steps:

1. Calculate the sales tax amount:
\[
\text{Sales Tax} = \text{Cost of Sweater} \times \text{Sales Tax Rate}
\]
\[
\text{Sales Tax} = 22.95 \times 0.055 = 1.26225
\]

2. Add the sales tax to the cost of the sweater to find the total cost:
\[
\text{Total Cost} = \text{Cost of Sweater} + \text{Sales Tax}
\]
\[
\text{Total Cost} = 22.95 + 1.26225 = 24.21225
\]

3. Round the total cost to the nearest cent:
\[
\text{Total Cost (rounded)} = 24.21
\]

The total cost of the sweater, to the nearest cent, is **$24.21**.