Question

question 3
an auto mechanic working in philadelphia earns a salary of $47,000. they are considering moving to another city. they want to determine the difference in the local taxes they will owe.

• philadelphia has a local income tax rate of 3.75%.

how much local tax will the auto mechanic pay while living in philaelphia?
a $1762.50
b $1,692.00
c $609.12
d $115.33

Explanation:

Step1: Convert the percentage to a decimal

To convert \(3.75\%\) to a decimal, divide by \(100\). So, \(3.75\%=\frac{3.75}{100}=0.0375\).

Step2: Calculate the local tax

Multiply the salary by the decimal - form of the tax rate. The salary is \(47000\). So, the local tax \(T = 47000\times0.0375\).

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Answer:

A. \(\$1762.50\)