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17-03-2016
Mathematics

Answered

me John Doe was figuring out his federal income tax. his income was $26,800 but he was able to subtract $5,000 in deductions. he paid 15% of the remaining income in tax. how much did he pay?

Verified Answer :

17-03-2016

1- Subtract: 26,800-5,000= 21,800 (remaining)
2-15% of 21,800 = 15/100 21,800 = 15218 = $3,270

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