27.5k views
0 votes
The tax on a luxury item in Kansas is computed based upon 2% of the

first $1,000, 4% of the next $2,000, and 5% thereafter. What would the tax
be on a luxury item valued at $30,000?

1 Answer

5 votes
Total tax
1,000×0.02+2,000×0.04
+27,000×0.05=1,450
User Oluremi
by
7.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories