3 years ago

Financial Literacy Quiz Question 2

Mathematics

2 answers:

lesya [120]3 years ago

8 0

Answer:

The amount of income tax is $9127.50 or 912750 cents :)

Step-by-step explanation:

Amount of annual income = $152,125

Rate of income tax = 6%

So, the amount of income tax in dollars

= 6% of $152,125

= (6/100 x 152,125) = 9,127.50

Lena [83]3 years ago

4 0

$9127.50 that’s the answer for the question

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