Sales Tax, Income Tax, and Simple Interest CFA

You order a meal for $40.84. What is the TOTAL COST if you leave a 20% tip?

(a)  

Tags

CCSS.7.RP.A.3

Tyler earned $75,150.00 of taxable income. If the federal income tax is 18%, then how much did Tyler pay on his taxable income?

• $13,418

• $1352.70

• $12,527

• $13,527

Tags

CCSS.6.RP.A.3C

A new washing machine is purchased by the Hamilton family. It costs $324.50. How much will the washing machine cost after a 6% sales tax is applied?

Do not write a $ sign. Round answer to the nearest hundredth.

Mathematical Equivalence

ON

Tags

7.13.A

Henry bought a book for $10.30, and the sales tax was 8.25%. How much sales tax did Henry Pay on the book?

(a)  

• $0.75

• $0.85
• $0.88

• $0.77

Tags

CCSS.6.RP.A.3C

Dr. Josef Young earns an adjusted gross weekly income of $2435. The Social Security Tax is 6.2%. How much is withheld?

• $15097

• $150.97

• $138.42

• $1384.20

Tags

CCSS.6.RP.A.3C

After taxes, Olive brings home $2,800 per month. She has decided that she would like to set aside 15% of her income for savings. How much will Olive save each month?

• $360

• $385

• $408

• $420

Tags

CCSS.6.RP.A.3C

Mr. Ronaldo earns $46,650 in annual gross income. He will pay 7% in income tax this year. What is the amount of income tax that Mr. Ronaldo will pay?

Do not type $ sign. Round answer to the nearest hundredth if necessary.

Mathematical Equivalence

ON

Tags

7.13

Allison purchases her college books for the upcoming semester.  She has to pay $98 for a biology book, $38 for a used poetry book, and $74 for a trigonometry book.  If the sales tax rate is 7.5%, how much tax with Allison pay?

• $7.50
• $15.75
• $14.25
• $157.50

Tags

CCSS.7.RP.A.3

Jacob would like to purchase a coat and hat for a ski trip. The coat is $62.75, and the hat is $14.25. If the sales tax rate is 8%, then what will be the amount of tax on Jacob's purchase?

Do not write a $ sign. Round answer to the nearest hundredth.

Mathematical Equivalence

ON

Tags

7.13.A

Jane received $875 from her graduation party. She put the money in a bank with a 4% simple interest rate. How much interest will she have earned after 7 years?

• $205

• $225

• $245

• $2,250

• $2,450

Tags

CCSS.7.RP.A.3