TharanI518761 TharanI518761

28-10-2022
Mathematics

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Lillian earns $61,000 annually and pays 12-3/4% for state and localtaxes. How much tax does she pay annually?a. $8,231.50b. $6,970.75c. $7,821.65d. $7,777.50

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KoahF678548 KoahF678548

28-10-2022

We know that Lillian pays 12-3/4% then we need to multuply the annual income by this fraction and then divide the result by 100. Hence:

[tex]61000\cdot12\frac{3}{4}\cdot\frac{1}{100}=7777.50[/tex]

Therefore she pays $7,777.50 of taxes and the answe is d.

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