Question

1 3/4% tax, $43210 annually: Find the local tax deducted.

$23.12

$892.50

$756.18

$432.10

Answer 1

4.) Tax = 0.025 x 679 = $16.98

5.) Tax = 0.0175 x $43,210 = $756.18

6.) Tax = 0.03 x $314 = $9.42

Answer 2

$756.18

Explanation:

To find the answer we just have to apply the given tax percentage to the amount.

So, we know that

`1(3)/(4)\%=(7)/(4)\%=1.75\%=0.0175`

Now, we have to find the product with the money

`0.0175(43210)\approx \$756.18`

Therefore, the right answer is the third choice.