In sixth grade, my arithmetic class included fractions and percentages. Hated them, then; hated them, now. Never thought Id need them. Didnt, for a long time, not until I took a hard look at my electric power bill.
Sales tax on electricity is 6 percent. Okay, I understand that. Georgia Power is selling me a product. I pay sales tax on it.
But when I multiply the cost of electricity by 6 percent, I dont get the same cost for sales tax that is on the bill. Read More»