To calculate the total cost of the television after sales tax, you need to know the sales tax rate in Nashville, Tennessee. As of my last update, the sales tax rate in Nashville is 9.25%.
Here’s how to calculate the total cost:
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Calculate the amount of sales tax: \[ \text{Sales Tax} = \text{Sticker Price} \times \text{Sales Tax Rate} \] \[ \text{Sales Tax} = 850 \times 0.0925 = 78.625 \]
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Add the sales tax to the sticker price: \[ \text{Total Cost} = \text{Sticker Price} + \text{Sales Tax} \] \[ \text{Total Cost} = 850 + 78.625 = 928.625 \]
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Round to the nearest cent: \[ \text{Total Cost} \approx 928.63 \]
So, the total cost of the television after sales tax is $928.63.