Students will use their knowledge of rational numbers and percents to calculate the sales tax on purchases and income tax earned on wages in problem-solving situations.
Carolyn went to the mall to buy a new outfit. She bought a pair of jeans for $32.50 and a shirt for $12.75. How much sales tax will she pay on her outfit if tax is 8.25%?
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7.13 Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor. The student is expected to:
(A) calculate the sales tax for a given purchase and calculate income tax for earned wages