lesson = determining net pay question 3 of 8 calculate the provincial taxes for a person earning $103,000…

lesson = determining net pay question 3 of 8 calculate the provincial taxes for a person earning $103,000 with a flat tax rate of 15%: provincial tax payable: $

lesson = determining net pay question 3 of 8 calculate the provincial taxes for a person earning $103,000 with a flat tax rate of 15%: provincial tax payable: $

Answer

Explanation:

Step1: Identify the formula

Tax amount = Income × Tax rate

Step2: Substitute values

Tax amount = $103000\times 0.15$

Step3: Calculate result

$103000\times 0.15 = 15450$

Answer:

$15450$