subject
Mathematics, 01.12.2019 01:31 skylerlorain1

Acountry is considering two income tax rates. geoffrey is comparing what his tax bill would be under each plan. under plan a, he pays 5% on the first $10,000. the next $85,000 is taxed at a rate of 10%. any money earned above $95,000 is taxed at 15%. he made $98,000 last year. which statement below is correct?

plan a tax rates
x $10,0005%$10,000 x $95,00010%x > $95,00015%
plan b tax rates

all levels of income

10%

choices:
he would pay approximately $350 more under plan b. he would pay approximately $1,925 more under plan b. he would pay approximately $5,700 more under plan a. he would pay approximately $4,900 more under plan a.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Ineed to know the answer to this algebra question.
Answers: 1
question
Mathematics, 21.06.2019 20:50
Including 6% sales tax, an inn charges $135.68 per night. find the inns nightly cost
Answers: 1
question
Mathematics, 21.06.2019 22:00
Complete the steps to find 4.830 ÷ 5
Answers: 2
question
Mathematics, 22.06.2019 00:20
Biggest exam of the which of the following are polynomial functions?
Answers: 1
You know the right answer?
Acountry is considering two income tax rates. geoffrey is comparing what his tax bill would be under...
Questions
question
English, 25.09.2019 02:40
question
Mathematics, 25.09.2019 02:40
Questions on the website: 13722367