Carol uses this graduated tax schedule to determine how much income tax she owes.
if taxable i...
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Mathematics, 18.12.2019 08:31 adam463
Carol uses this graduated tax schedule to determine how much income tax she owes.
if taxable income is over. but not over-
the tax is:
$7,825
so
$7.825
$31.850
$31.850
$64.250
564.250
$97.925
10% of the amount over 50
$782.50 plus 15% of the amount over 7,825
$4.386.25 plus 25% of the amount over 31,850
$12.486.25 plus 28% of the amount over
64.250
$21.915.25 plus 33% of the amount over
97.925
$47.300.50 plus 35% of the amount over
174.850
$97.925
$174.850
$174.850
no limit
if carol's taxable income is $89,786, how much income tax does she owe, to the nearest dollar?
a $25,140
b
$12654
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