Tony made $15,000 in taxable income last year. Suppose the income tax rate is 15% for the first $7000 plus 19% for the amount over $7000. How much must Tony pay in income tax for last year? =$___

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asked Nov 8, 2022 178k views

2 votes

Tony made $15,000 in taxable income last year.

Suppose the income tax rate is 15% for the first $7000 plus 19% for the amount over $7000.
How much must Tony pay in income tax for last year?

=$___

Mathematics
high-school

Mario Visic asked

by Mario Visic

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1 Answer

6 votes

Answer:

2570

Explanation:

7000 x .15 = 1050

8000 x .19 = 1520

15000. = 2570

Monifa answered Nov 13, 2022

by Monifa

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