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kiruha [24]
3 years ago
10

A certain state uses the following progressive

Mathematics
1 answer:
mr_godi [17]3 years ago
7 0

9514 1404 393

Answer:

  $3684

Step-by-step explanation:

The tax on the first $2000 is 0.02×$2000 = $40.

The tax on the next $9000 -2000 = $7000 is 0.05×$7000 = $350.

The tax on the next $70000 -9000 = $61000 is 0.054×$61000 = $3294.

Then the total tax due is $40 +350 +3294 = $3684.

The state income tax owed is $3684.

_____

<em>Additional comment</em>

For amounts over $9000, the tax owed can also be computed as ...

  tax = (income × 0.054) - $96

which we consider to be a much simpler calculation.

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