Question

Mr. bell earns $2,840 per month. If his state income tax rate is 2.5% how much does he owe per year for state income tax?

Answer 1

2,840 x 12 = 34,080
2.5%=0.025
34,080 x 0.025= 852
The answer is $852

Answer 2

Yearly income=$2,840x12=. $34,080
2.5% of yearly income = $842