1. Francis went on a business trip to Minneapolis, Minnesota, and stayed at a hotel for one night at a rate of $150, plus tax. The state of Minnesota has a
general sales tax rate of 6.875%, and the city of Minneapolis has a general sales
tax rate of 0.5%. In addition, Hennepin County, where Minneapolis is located, has
a 0.25% sales tax for transit improvement and a 0.15% sales tax to finance a
baseball stadium. Not only that, but there is an additional lodging tax in
Minneapolis of 3%. Help Francis determine his total bill at the hotel. Round all
your answers to the nearest cent. (6 points: Part I - 1 point; Part II - 1 point; Part III
- 1 point; Part IV - 1 point; Part V- 1 point; Part VI - 1 point)
Part I: How much money was Francis charged by the state of Minnesota at its
general sales tax rate?