Ask Question
Today, 11:08

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.

+4
Answers (1)
  1. Today, 14:54
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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% ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers