Eddie has saved up $45 to purchase a new camera from the local store. The sales tax in his county is 7% of the sticker price. Write an equation and solve it to determine the value of the highest priced camera Eddie can purchase with his $45, including the sales tax. Round your answer to the nearest penny.

Question

mathstudent55 · Answer

Let the price (before tax) be x.
The tax is 7% of x, so it is 0.07x.
The price plus the tax add up to $45.
x + 0.07x = 45
Solve the above equation for x.