a certain state uses the progressive tax rate below for calculating individual income tax. calculate the…

a certain state uses the progressive tax rate below for calculating individual income tax. calculate the state income tax owed on an $50,000 per year salary.\n\n| income range ($) | progressive tax rate |\n| ---- | ---- |\n| 0 - 9,000 | 4% |\n| 9,001 - 14,000 | 5% |\n| 14,001+ | 6% |\n\ntax = $?

a certain state uses the progressive tax rate below for calculating individual income tax. calculate the state income tax owed on an $50,000 per year salary.\n\n| income range ($) | progressive tax rate |\n| ---- | ---- |\n| 0 - 9,000 | 4% |\n| 9,001 - 14,000 | 5% |\n| 14,001+ | 6% |\n\ntax = $?

Answer

Explanation:

Step1: Calculate tax for 0 - 9000 range

$9000\times 0.04 = 360$

Step2: Calculate tax for 9001 - 14000 range

$(14000 - 9000)\times0.05=5000\times0.05 = 250$

Step3: Calculate tax for 14001 - 50000 range

$(50000 - 14000)\times0.06=36000\times0.06 = 2160$

Step4: Sum up the taxes

$360+250 + 2160=2770$

Answer:

$2770$