Mathematics
brandonrg09
2016-04-12 16:30:36
A single person pays $4,500 in income taxes on a gross income of $30,000. How much would a single person be expected to pay if his gross income is $32,000? (Assume both incomes are in the same tax bracket.)
ANSWERS
ziyuw16
2016-04-12 17:58:06

4500/30000 =0.1532000 * 0.15 = 4800

Honeykeene
2016-04-12 17:59:21

t/32000=4500/30000, multiply both sides by 32000 t=32000*4500/30000 t=144000000/30000 t=$(14400/3) t=$4800

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