nick113377
Answered

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A psychologist had a taxable income of $59,450 last year. If he paid 10% of
his income between $0 and $8350, 15% of his income between $8350 and
$33,950, and 25% of his income between $33,950 and $59,450 in federal
income tax, how much did the psychologist pay in federal income tax last
year?
A. $3840
B. $835
C. $11,050
D. $6375

Sagot :

SapphireZ

Answer:

C 11,050

Step-by-step explanation:

To solve this multiply the rate by the difference of each number so:

0.1 x 8350 = 835

0.15 x (33950 - 8350) = 3840

0.25 x (59450 - 33950) = 6375

Add them all together = 11,050

Therefore, C is the answer!

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