cost = 17 + 17*0.06
you do the math
you do the math
Step 1: Calculate the tax amount:
Tax Amount = CD Cost x (Tax Rate / 100)
Tax Amount = $17 x (6 / 100)
Step 2: Add the tax amount to the CD cost:
Total Cost = CD Cost + Tax Amount
Total Cost = $17 + Tax Amount
Now let's evaluate the expression:
Tax Amount = $17 x (6 / 100)
Tax Amount = $17 x 0.06
Tax Amount = $1.02
Total Cost = $17 + $1.02
Total Cost = $18.02
So, the expression evaluates to $18.02.
The expression can be represented as follows:
CD Cost + (CD Cost * Tax)
Given that the CD costs $17 and the tax is 6%, we can substitute these values into the expression:
$17 + ($17 * 0.06)
Calculating the expression:
$17 + ($1.02) = $18.02
Therefore, the total amount of money, in dollars, needed to buy the CD is $18.02.