what is the amount owed on a 39$ jacket if the tax rate is 5%
39 * 1.05 = $_________
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To calculate the amount owed on a $39 jacket with a tax rate of 5%, you'll need to follow these steps:
Step 1: Calculate the tax amount
Multiply the jacket price ($39) by the tax rate (5% or 0.05) to find out how much tax you need to pay.
0.05 * $39 = $1.95
Step 2: Add the tax amount to the jacket price
Now, you need to add the tax amount to the original price of the jacket ($39) to find the total amount owed.
$39 + $1.95 = $40.95
Therefore, the amount owed on a $39 jacket with a tax rate of 5% is $40.95.