Final answer:
The total price of the car for the Sanders family, after including a 7% tax rate on the initial price of $15,250, would be $16,317.50.
Step-by-step explanation:
The Sanders family is calculating the total price of a used car for their son, including tax. The car has a price of $15,250 and is subject to a tax rate of 7%. To find the total cost including tax, one must first convert the tax rate from a percentage to a decimal by dividing by 100, resulting in 0.07. Then, this decimal is multiplied by the car's price to determine the amount of tax:
Tax = Car Price × Tax Rate
Tax = $15,250 × 0.07
Tax = $1,067.50
Once the tax amount is known, it is added to the initial price of the car to determine the total:
Total Price = Car Price + Tax
Total Price = $15,250 + $1,067.50
Total Price = $16,317.50
This total is the sum that the Sanders family would have to pay to purchase the car, including the applied tax.