A country is considering two income tax rates. Geoffrey is comparing what his tax bill would be under each plan. Under plan A, he pays 5% on the first $10,000. The next $85,000 is taxed at a rate of 10%. Any money earned above $95,000 is taxed at 15%. He made $98,000 last year.

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Chip

14 October, 02:19

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Noemi Watson · Answer 1

98000*0.15 is how you would find out how much he has to pay for tax, which is 14700. since you didn't post plan b, this is all i can do.