# DEFINITION: A sum of money demanded by government for its support or specific facilities or services, levied upon incomes, property sales.

## Presentation on theme: "DEFINITION: A sum of money demanded by government for its support or specific facilities or services, levied upon incomes, property sales."— Presentation transcript:

DEFINITION: A sum of money demanded by government for its support or specific facilities or services, levied upon incomes, property sales.

Example/Drawing/formula Price:\$70.00 Tax is 6%:.06 Tax: \$4.20 Total = \$74.20 (70.00 + 4.20)

Question: Shayna went to Pearl Ridge to go to Foot Locker. She wanted to get a new pair of shoes to go with her new baby phat out-fit. After 1 hour she finally found the shoes that she wanted. The cost was \$49.58 and the tax was 7.25%. How much will the shoes cost Shayna?

\$49.58 *.0725 = \$3.5946* *Round up to next cent = \$3.60, so \$49.58 + \$3.60 = \$53.18 Answer: \$53.18

Credits Thanks to Google for the pictures. Thanks to Mr. Imamura for helping me. And thanks to Period 1 for watching my presentation.

Download ppt "DEFINITION: A sum of money demanded by government for its support or specific facilities or services, levied upon incomes, property sales."

Similar presentations