Math  /  Algebra

QuestionA certain state uses the progressive tax rate below for calculating individual income tax. Calculate the state income tax owed on an $80,000\$ 80,000 per year salary. \begin{tabular}{|c|c|} \hline \begin{tabular}{c} Income \\ Range (\) \end{tabular} & \begin{tabular}{c} Progressive \\ Tax Rate \end{tabular} \\ \hline 0-4,000 & 2 \% \\ \hline 4,001-22,000 & 4 \% \\ \hline 22,001+ & 5 \%$ \\ \hline \end{tabular}

Studdy Solution
Sum the taxes from all ranges.
Total Tax=Tax04000+Tax400122000+Tax22001+=80+720+2900=3700 \text{Total Tax} = \text{Tax}_{0-4000} + \text{Tax}_{4001-22000} + \text{Tax}_{22001+} = 80 + 720 + 2900 = 3700
The state income tax owed on an \$80,000 per year salary is \$3,700.

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