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Walter accepted a new job with an annual salary of $47,500. How much can he expect to earn after paying income taxes?
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Walter accepted a new job with an annual salary of $47,500. How much can he expect to earn after paying income taxes?

Walter accepted a new job with an annual salary of $47,500. How much can he expect-example-1
User Javon
by
4.6k points

1 Answer

1 vote

Answer:

  • $35625

Explanation:

He will pay 25% income tax as per table.

He will earn after tax:

  • 47500*(1 - 0.25) =
  • 47500*0.75 =
  • 35625
User Jigsore
by
5.4k points
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