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VIPSolutions · Accepted Answer

The text in the image reads:

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"Suppose you buy a TV for $500. If sales tax is 6.5%, what is the total amount of sales tax you pay on your new TV? What is the total amount you pay for your TV, including sales tax?"

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If you need help solving this problem:

1. **Calculate the sales tax:**
   $$
   \text{Sales Tax} = \$500 \times 0.065 = \$32.50
   $$

2. **Calculate the total amount paid:**
   $$
   \text{Total Amount} = \$500 + \$32.50 = \$532.50
   $$

So, the sales tax is **$32.50** and the total amount paid is **$532.50**.

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