Question

To the nearest cent, evaluate $44.50 * (4% + 2.25%). type your answer here

Answer 1

$0.78 is the answer.

Answer 2

Since the addition is inside the parentheses, the order of operations rules dictate that we perform it first. So, we add 4% + 2.25% to yield 6.25%. Then, we perform the multiplication: $44.50 * 0.0625. The outcome, rounding to the nearest cent, is $2.78.