Your friend's job pays $15 per hour, and he works 40 hours per week. His tax rate is 10 percent. Assuming he
works 50 weeks of the year, which value is his yearly gross income?
O $3,000
O $27,000
O $30,000
O $33,000

Respuesta :

The answer is as  $27000 dollars is his yearly gross Option(b) is correct.

What is Gross income?

Gross income is the amount of all wages, pay rates, benefits, premium installments, rents, and different types of profit, before any derivations or assessments.

Netting income, characterized as the gross income short charges and different deductions is against Your friend's job pays $15 per hour and he works 40 hours per week.

=> 15 dollars * 40 hours = 600 dollars per week

=> 600 dollars * 50 weeks = 30 000 dollars per year

=> Minus his tax rate is 10 percent.

=> 30 000 dollars * .10 = 3000 dollars

=> 30 000 - 3000 =  $27000 dollars is his yearly gross.

Therefore Option(b) is correct as the yearly gross income of the friend would be considered as to be as the $27000 dollars which is the given value of the yearly gross as required.

Learn more about Gross income here:

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