Let's choose Wisconsin as the state and a board game priced at $15.50.
Step 1: Find the sales tax rate for Wisconsin.
As of my last data in October 2023, Wisconsin has a state sales tax rate of 5.0%. Keep in mind that some local areas may have additional local taxes, but for this calculation, we will use the state rate only.
Step 2: Calculate the sales tax.
To calculate the sales tax for the board game, we can use the formula:
\[ \text{Sales Tax} = \text{Price} \times \text{Sales Tax Rate} \]
Where:
- Price = $15.50
- Sales Tax Rate = 5.0% (or 0.05 as a decimal)
\[ \text{Sales Tax} = 15.50 \times 0.05 = 0.775 \]
Step 3: Calculate the total cost.
Now, we add the sales tax to the price of the game to find the total cost:
\[ \text{Total Cost} = \text{Price} + \text{Sales Tax} \]
\[ \text{Total Cost} = 15.50 + 0.775 = 16.275 \]
Step 4: Format the total cost.
The total cost is typically rounded to two decimal places in currency.
\[ \text{Total Cost} = 16.28 \]
Final Result:
The total cost of the board game in Wisconsin, including sales tax, is $16.28.