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

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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:

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

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

4 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?

5 $49.58 *.0725 = $3.5946* *Round up to next cent = $3.60, so $ $3.60 = $53.18 Answer: $53.18

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


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