ear John made 36000 and payed 15%in federal taxes this year he received a raise to 41000 this moved him into a higher tax bracket where he paid 25% in federal taxes in which year did John earn more after taxes

ear John made 36000 and payed 15%in federal taxes this year he received a raise to 41000 this moved him into a higher tax bracket where he paid 25% in federal taxes in which year did John earn more after taxes

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

ChapterP: Preliminary Concepts

SectionP.CT: Test

Problem 1CT

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Question

Last year John made 36000 and payed 15%in federal taxes this year he received a raise to 41000 this moved him into a higher tax bracket where he paid 25% in federal taxes in which year did John earn more after taxes

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Step 1

Definition used -

Earning after taxes= $(1 - \frac{P e r c e n t a g e o f t a x}{100}) \times T o t a l m a d e$

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