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Butoxors [25]
3 years ago
6

Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a

t the end of the year? Show your work. (5 points)
Business
1 answer:
wlad13 [49]3 years ago
4 0

Answer:

$1, 263. 75

Explanation:

If annual income is  $8,425 and the tax rate is 15%,

Annual Tax would be 15% of $8,425

=15/100 x $ 8425

=0.15 x 8, 425

=$1, 263.75

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