Calculate the missing information for the purchase. (Round your answers to the nearest cent.) \begin{tabular}{|l|c|c|c|c|c|c|} \hline Item & \begin{tabular}{c} Selling \\ Price \end{tabular} & \begin{tabular}{c} Sales \\ Tax \\ Rate \end{tabular} & \begin{tabular}{c} Sales \\ Tax \\ (in \$) \end{tabular} & \begin{tabular}{c} Excise \\ Tax Rate \end{tabular} & \begin{tabular}{c} Excise \\ Tax \\ (in \$) \end{tabular} & \begin{tabular}{c} Total \\ Purchase Price \\ (in \$) \end{tabular} \\ \hline Tire & \( \$ 111.99 \) & 6 & \( \$ \square \) & 5 & \( \square \) & \( \square \) \\ \hline \end{tabular}
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99 - Sales Tax Rate = 6% Sales Tax = Selling Price × (Sales Tax Rate / 100) Sales Tax = $111.99 × (6 / 100) Sales Tax = $111.99 × 0.06 Sales Tax = $6.72 Show more…
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Supreeta N.
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