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3 years ago

8

If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal

taxes? Assume you have no deductions.

1 answer:

Zarrin [17]3 years ago

6 0

I'm assuming that the salary is for the whole year. If it is not, do tell me.
Tax = 10/100 * 45000
= 4500
You owe $4500 in federal taxes.

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Answer: Option 'c' is correct.

Step-by-step explanation:

Since we have given that

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We need to find the number of units in order to minimize cost.

We first derivative w.r.t. x,

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For critical points:

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Now, we will check whether it is minimum or not.

We will find second derivative .

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So, it will yield minimum cost.

Minimum cost would be

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Therefore, Option 'c' is correct.

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