In one month Kimberly earned $500 at her part-time job, and $50 was withheld for federal income tax. Suppose she earns $750 next

Question

AlekseyPX

3 years ago

8

In one month Kimberly earned $500 at her part-time job, and $50 was withheld for federal income tax. Suppose she earns $750 next

month. How much will be withheld for federal income

Mathematics

1 answer:

djverab [1.8K] · Answer 1 · 2022-08-06T08:02:47+03:00

Answer:

<em>It will be withheld $75 for federal income.</em>

Step-by-step explanation:

<u>Proportions</u>

Assuming the federal income tax is proportional to the earnings, we can establish the following relationship between the income tax (T) and the earnings (E):

T = k.E

Kimberly earned E=$500 and paid T=$50 for federal income tax, With this information, we can calculate the value of k:

50 = k ( 500)

k = 50 / 500

k = 0.1

The model is now:

T = 0.1*E

If Kimberl earns $750 next month, the tax will be:

T = 0.1*($750)

T = $75

It will be withheld $75 for federal income.