Question

an engineer has an annual income $145,340. The income tax the engineer pays is 8%. What is the amount of incom tax in dollars and cents that the engineer has to pay?

Answer 1

The answer is $11,627,20
Explanations

Answer 2

$11,627.20

Explanation:

8% of 145,340 is $11,627.20

Therefore, the engineer pays $11,627 dollars and 20 cents in income tax.