jasonramar7
contestada

Yoko made $15,000 in taxable income last year. Suppose the income tax rate is 15% for the first $850Cplus 19% for the amount over $8500 How much must Yoko pay in income tax for last year?​

Respuesta :

mhanifa

Answer:

  • $2510

Step-by-step explanation:

Amount of tax on $8500:

  • $8500*15/100 = $1275

Amount of income over $8500:

  • $15000 - $8500 = $6500

Amount of tax on $6500:

  • $6500*19/100 = $1235

Total tax is:

  • $1275 + $1235 = $2510

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