You purchase five CDs for 9.95 each. The sales tax is 7%. You have 60.00. How much is your change

Question

You purchase five CDs for 9.95 each. The sales tax is 7%. You have 60.00. How much is your change?

Answer 1

The 5 CD's cost $49.75.

The sales tax = 0.07 (49.75)

The sales tax = 3.49 (they round up)

The change is 60 - 49.75 - 3.49

The change is $6.76