Answer:
False.
Step-by-step explanation:
We have been given a statement. We are asked to determine whether the given statement is true or false.
To find [tex]4\frac{1}{5}\%[/tex] tax on $63.78, we need to convert [tex]4\frac{1}{5}\%[/tex] into decimal by dividing 100 as:
[tex]4\frac{1}{5}\%=\frac{21}{5}\%=\frac{21}{5}\div 100=\frac{21}{500}=0.042[/tex]
Since to find [tex]4\frac{1}{5}\%[/tex] tax on $63.78, we need to multiply $63.78 by 0.042, therefore, the given statement is false.
