Market researchers often report disposable income. This is your income after tax deductions. Your gross income is $4,000 per month. Your federal tax is 10%, state tax is 7%, city tax is 3%, and you pay 7% to social security. What is your monthly disposable income?
A) $2,000
B) $2,920
C) $3,092
D) $4,022

Question

02-03-2021
Business

Answered

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Market researchers often report disposable income. This is your income after tax deductions. Your gross income is $4,000 per month. Your federal tax is 10%, state tax is 7%, city tax is 3%, and you pay 7% to social security. What is your monthly disposable income?
A) $2,000
B) $2,920
C) $3,092
D) $4,022

Sagot :

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