A bicycle has a listed price of $661.95 before tax. If the sales tax rate is 6.5%, find the total cost of the bicycle with sales tax included.
Round your answer to the nearest cent.
To find the total cost of the bicycle with sales tax included, we need to add the sales tax to the listed price.
Sales tax = listed price * sales tax rate
Sales tax = $661.95 * 6.5% = $43.08
Total cost = listed price + sales tax
Total cost = $661.95 + $43.08 = $705.03