a certain state uses the progressive tax rate below for calculating individual income tax. calculate the…

a certain state uses the progressive tax rate below for calculating individual income tax. calculate the state income tax owed on an $50,000 per year salary.\n\nincome range ($)\tprogressive tax rate\n0 - 9,000\t4%\n9,001 - 14,000\t5%\n14,001+\t6%\n\ntax = $?

a certain state uses the progressive tax rate below for calculating individual income tax. calculate the state income tax owed on an $50,000 per year salary.\n\nincome range ($)\tprogressive tax rate\n0 - 9,000\t4%\n9,001 - 14,000\t5%\n14,001+\t6%\n\ntax = $?

Answer

Explanation:

Step1: Calculate tax for first range

$9000\times 0.04 = 360$

Step2: Calculate tax for second range

$(14000 - 9000)\times0.05=5000\times0.05 = 250$

Step3: Calculate tax for third range

$(50000 - 14000)\times0.06=36000\times0.06 = 2160$

Step4: Sum up the taxes

$360+250 + 2160=2770$

Answer:

$2770$