Question

question 2
an auto mechanic has a starting salary of about $29,000 and a median salary of about $47,000. the state income tax rate is 3.07%.
match the salary to the state income tax due.
use your calculator to help you find these calculations. not all answer choices will be used.
starting salary ($29,000)
a. $1073.00
median salary ($47,000)
b. $1739.00
c. $1,442.90
d. $890.30

Explanation:

Step1: Calculate tax for starting salary

To find the state income tax for the starting salary of \( \$29000 \), we use the formula \( \text{Tax} = \text{Salary}\times\text{Tax Rate} \).
The tax rate is \( 3.07\%=\frac{3.07}{100}=0.0307 \).
So, \( \text{Tax}=29000\times0.0307 = 890.3 \)

Step2: Calculate tax for median salary

For the median salary of \( \$47000 \), using the same formula \( \text{Tax} = \text{Salary}\times\text{Tax Rate} \)
\( \text{Tax}=47000\times0.0307=47000\times\frac{3.07}{100}=470\times3.07 = 1442.9 \)

Answer:

starting salary (\(\$29000\)): d. \(\$890.30\)
median salary (\(\$47000\)): c. \(\$1442.90\)