20
practice testMultiple Choice

Practice Test

Question 20 • Mathematics for Data and Financial Literacy

Ashton’s gross income last year was 43 dollars comma 250 If his income tax rate is 18 percent , how much tax did Ashton pay?

Answer
A
42 dollars comma 471 point 5 0
B
7 dollars comma 785 point 0 0
C
35 dollars comma 465 point 0 0
D
778 point 5 0 dollars

Explanation

To find the tax, multiply Ashton’s gross income by the tax rate: $43,250 × 0.18 = $7,785. Ashton paid $7,785.00 in income tax, which is choice C.

AI-written and checked against the verified answer.

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