If the sales tax rate were to increase from 7\% to 7.5\%, then the tax on a \$1000 item would go up by
Answer Choices
A. \$75.00
B. \$5.00
C. \$0.5
D. \$0.05
E. \$7.50
If the sales tax rate were to increase from 7\% to 7.5\%, then the tax on a \$1000 item would go up by
Answer Choices
A. \$75.00
B. \$5.00
C. \$0.5
D. \$0.05
E. \$7.50