B) Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes at the end of the year? Show your work.

What process is used to answer this question?

Respuesta :

$8,425.

10% - $842.50
5% - $421.25.

$842.50+$421.25 = $1,263.75.

you'd owe $1,263.75

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