Linda earns $600

Question

each week working her full time job. Her employer has a 16
% tax deduction on all monies earned each week.
$504
$506
$94
$96

Calculate the tax deduction Linda paid for that week.

Round the answer to the nearest cent.

Answer 1

To calculate the tax deduction Linda paid for that week, we can use the following steps:

1. Determine the amount of tax deducted from her earnings.
2. Multiply her weekly earnings by the tax rate.

Linda's weekly earnings: $600
Tax rate: 16% (which is 0.16 in decimal form)

Now, we can calculate the tax deduction:

\[ \text{Tax Deduction} = \text{Weekly Earnings} \times \text{Tax Rate} \]

\[ \text{Tax Deduction} = 600 \times 0.16 = 96 \]

Therefore, the tax deduction Linda paid for that week is $96.00.