Question

You earn $30,000 per year and the federal tax rate is 10 percent. Your net income is

$3,000
$17,000
$27,000
$30,000

Answer 1

what do you think it is?
\

Answer 2

I don't know how to work it out, but if I had to guess I would day $27,000

Answer 3

I believe it is 3,000

Answer 4

30,000 - (30,000 * .10) = your annual income

Answer 5

would you like me to explain it

Answer 6

okay

Answer 7

i just worked out HailKK's equation though and got $27,000

Answer 8

30,000*10% = 3000

Answer 9

I don't know which person is correct? How come I don't subtract 3000 from $30,000?

Answer 10

now its time for you to decide

Answer 11

oh you dont subtract 3,000 from 30,000 because where would you get it 3,000 from

Answer 12

the answer was $27,000