25. alan grey has federal taxable income of $31,500. he pays a state income tax rate of 2.5% on his federal…

25. alan grey has federal taxable income of $31,500. he pays a state income tax rate of 2.5% on his federal taxable income. find his state income tax.

25. alan grey has federal taxable income of $31,500. he pays a state income tax rate of 2.5% on his federal taxable income. find his state income tax.

Answer

Explanation:

Step1: Convert percentage to decimal

$2.5%=0.025$

Step2: Calculate state income tax

$31500\times0.025 = 787.5$

Answer:

$787.5$