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MrRa [10]
3 years ago
10

George had $1,201.87 in taxable income for the last pay period. If the federal income tax rate was 15%, how much did George pay

in federal income taxes for the last pay period?
Mathematics
1 answer:
Hatshy [7]3 years ago
4 0
Just multiply the income by .15

1201.87 * .15 = 180.28

He paid $180.28

It could be a trick question though because he didnt have a lot of income so maybe he didn't pay any taxes.. I've heard that's a thing
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using the formula P(1+r/100)^n,

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