Final answer:
Monica would owe $450 in taxes for her $3000 taxable income, as her income is taxed solely at the 15% rate for amounts below $8500.
Step-by-step explanation:
The student asks how much tax Monica would have to pay if she made $3000 in taxable income with a given tax rate. To calculate the taxes owed by Monica, we use the provided tax rates: 15% for the first $8500 and 19% for the amount over $8500. Since Monica's income is below $8500, we only need to apply the 15% tax rate to her entire taxable income.
To calculate Monica's tax, we multiply her income by the tax rate:
Monica's Tax = $3000 × 15% = $450.
Monica would owe $450 in taxes based on her taxable income of $3000 and the provided tax rates.