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Pls help me with this

Pls help me with this-example-1
User Trinca
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1 Answer

24 votes
24 votes

Answer:

He will pay $6375 in local income tax

He will have $68625 after paying his income tax.

Explanation:

Since the income tax rate is 8.5% we can multiply this by $75,000 to see how much he will pay in local income tax.

8.5%*75000

I like converting percentages to fractions because it makes it easier.

8.5/100*75000

750*8.5=$6375

He will pay $6375 in local income tax

$75000-$6375=$68625

He will have $68625 after paying his income tax.

User Daron
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