A doctor has an annual income of $152,125. The income tax the doctor has to pay is 6% , what is the amount of income tax in dollars and cents that the doctor has to pay ?

( this is a griddable question by the way )

Respuesta :

I believe the amount of income tax the doctor has to pay is $9,127.5

Answer:

The amount of income tax is $9127.50  or  912750 cents.

Step-by-step explanation:

Amount of annual income = [tex]\$152,125[/tex]

Rate of income tax = [tex]6\%[/tex]

So, the amount of income tax in dollars

[tex]= 6\%[/tex] of [tex]\$152,125[/tex]

[tex]=(\frac{6}{100}\times \$152125 )= \$9,127.50[/tex]

and in cents [tex]=(9127.50\times 100) cents = 912750cents[/tex]