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wlad13 [49]
3 years ago
13

Can anyone please help? I will give Brainly. The answer is not...40,000 x 0.055 :((

Mathematics
1 answer:
Ad libitum [116K]3 years ago
4 0

9514 1404 393

Answer:

  $1800

Step-by-step explanation:

The tax due is ...

  3% × $10,000 + 5% × ($40,000 -10,000)

  = 5% × $40,000 - (5% -3%)($10,000)

  = $2000 - 200

  = $1800 . . . . tax due

_____

<em>Additional comment</em>

The table is structured so you need to compute the amount due in each bracket and add those to find the total due.

I prefer to compute the tax due by applying the appropriate tax rate to the whole amount, then subtracting a "discount" that reflects the fact that the rate doesn't actually apply to the whole amount.

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