Question

An employee at a homemade wooden toy store earned $860 over the past week. The employee needs to pay 14% for Federal Income Tax and 3% for State Income Tax, both on the initial amount he earned. How much will the employee earn after paying both taxes?

Answer 1

$713.008

Explanation:

Answer 2

$713.8

Explanation:

14%of 860 = 120.4

3% of 860 = 25.8

so, subtract the sum of the above 2 values from 860.

860 - (120.4+25.8) = 860-146.2 = 713.8

Hope this helps