Respuesta :
$1,263.75 is how much would be taxed
Take 8425 multiply it by 0.15 to get your answer
Take 8425 multiply it by 0.15 to get your answer
Answer:
The tax would be $ 1,263.75
Step-by-step explanation:
Given,
Total earning in one year = $ 8,425,
Income tax percentage per year on earning = 15%
Hence, the amount of tax at the end of one year
= 15% of the total earnings
= 15% of 8425
[tex]=\frac{15\times 8425}{100}[/tex]
[tex]=\frac{126375}{100}[/tex]
= $ 1,263.75
