What is the local tax deducted for $562 biweekly with 2 1/2% tax? $14.05 $ $21.10 $28.10 $140.50
1 answer:
The amount of tax that will be deducted will be A. $14.05
- Amount given = $562
- Tax percentage = 2 1/2%
In order to calculate the local tax that will be deducted, we've to multiply the amount that given by the tax percent and this will be:
= $562 × 2 1/2%
= $14.05
Therefore, the amount of tax that will be deducted will be $14.05
In conclusion, the correct option is A.
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