haymaker3929 haymaker3929
  • 26-04-2021
  • Mathematics
contestada

What is the amount of income tax in dollars and cents if a plumber makes $51,482 and has to pay a 5.5% income tax rate? $2,821.51

Respuesta :

Manetho
Manetho Manetho
  • 26-04-2021

Answer:

$2,821.51

Step-by-step explanation:

The amount made be plumber = $51,482

rate of income tax = 5.5%

Therefore, amount of income tax in dollars and cents that would be paid by the plumber would be 5.5% of his amount made

= 5.5% of 51482

= (5.5/100)×51,482

= $2,821.51

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