Subscribe to RSS Add to Google

Welcome Today's Puzzle Previous Puzzles Teachers Join Us
banner

Puzzle for April 15, 2010

Happy Tax Day

Based in the following tiers for taxes, how much tax would $103,000 income generate?

What would the equivalent tax rate be? (what is the total tax amount compared to the income?)

  • 0-$40,000: 25%
  • $40,001-60,000: 30%
  • $60,001-100,000: 35%
  • $100,000-120,000: 25%

    • See The Solution


    footer

    Contact Us | Privacy Policy | Terms and Conditons
    Copyright 2006-2008 Math Journal.
    Creative Commons License
    This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.