Question

RATIOS, PROPORTIONS, AND PERCENTSCalculating income taxBob made $6000 in taxable income last year.Suppose the income tax rate is 15% for the first $9000 plus 17% for the amount over $9000.How much must Bob pay in income tax for last year?I need help with this math problem.

Answer 1

Given that the taxable income made last year was $6000.

Then, the income tax Bob paid for last year is;

`0.15*6000=900`

ANSWER: $900