An employee at a homemade wooden toy store earned $860 over the past week. The employee needs to pay 14% for Federal Income Tax

Question

2 years ago

10

An employee at a homemade wooden toy store earned $860 over the past week. The employee needs to pay 14% for Federal Income Tax

and 3% for State Income Tax, both on the initial amount he earned. How much will the employee earn after paying both taxes?
$

Mathematics

2 answers:

Sindrei [870] · Answer 1 · 2022-03-28T12:46:14+03:00

Sindrei [870]2 years ago

4 0

Answer:
$713.8

Explanation:
14%of 860 = 120.4

3% of 860 = 25.8

so, subtract the sum of the above 2 values from 860.

860 - (120.4+25.8) = 860-146.2 = 713.8

Hope this helps

dangina [55] · Answer 2 · 2022-03-28T13:55:50+03:00

dangina [55]2 years ago

3 0

Answer:

713.80

Step-by-step explanation:

14%+3%=17%

17% of 860 is 146.20.

860-146.20=713.80

Hope this helps!