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Chapter 1: Q. 652 (page 129)

Sales Tax Jennifer bought a \(1,038.99dining room set for her home in Cincinnati. She calculated the sales tax to be exactly \)67.53435. Round the sales tax to the nearest (a) penny and (b) dollar.

Short Answer

Expert verified

Required answer(a)6753penny(b)68dollar

Step by step solution

01

Part (a) Step 1. Given information

Sales tax :$67.53435

02

Part (a) Step 2. Calculation

penny=one-hundredthofadollar$1=100penny$67.53435=67.53435脳100penny=6753.435pennynow,roundingtothenearestpenny,6753.435penny=6753penny

03

Part(b) Step 1. Given information

Sales tax:$67.53435

04

Part(b) Step 2. Calculation

Roundingtonearestdollar,67.53435=68

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