Kristine lives in a region where a proportional income tax rate of 22% applies to everyone. What is the amount of tax she will p

Question

3 years ago

7

ay if her taxable income is $125,000?

2 answers:

Nitella [24] · Answer 1 · 2022-04-19T18:37:09+03:00

6 0

Answer:27500

Step-by-step explanation:

zepelin [54] · Answer 2 · 2022-04-19T19:57:49+03:00

zepelin [54]3 years ago

5 0

Answer:

$27,500

Step-by-step explanation:

Given:

taxable income = $125,000

tax rate = 22% = 0.22

Amount of tax = tax rate x taxable income

= 0.22 x $125,000

= $27,500