Question

A doctor has an annual income of $152,125. The income tax that doctor has to pay is 6%. What is the amount of income tax in dollars and cents that the doctor has to pay?

Answer 1

9514 1404 393

Answer:

  $9,127.50

Step-by-step explanation:

6% of $152,125 is ...

  0.06 × $152,125 = $9,127.50

The doctor has to pay $9,127.50 in income tax.