Question

Juliana lives and works in Pennsylvania, which has a flat state income tax of 3.07%. If her annual salary is $41,995 and she gets paid once a month, how much is withheld from her gross income for state income tax each pay period?

Answer 1

$107.437   If instructor requests rounding, round it to $107.44

Answer 2

Answer: 107.44 ( approx )

Explanation:

Since, her total annual income = 41995

⇒
`\text{Her monthly income}=\frac{\text{ Annual income} }{12}`

`=(41995)/(12)`

Since, the tax rate per month = 3.07%

Thus, the total income tax she paid per month = 3.07 % of her monthly salary,

=
`3.07\%\text{ of }(41995)/(12)`

=
`(3.07)/(100)* (41995)/(12)`

=
`(128924.65)/(1200)`

=
`107.437208\approx 107.44`