document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1043742>Question 1043742</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The state income tax where Alison lives is levied at the rate of k% of the first $30.000 of annual income plus(k+4)% of any amount above $30,000. This year Alison's income was $65.000 and she paid $9,850 for the income tax. What is the value of k? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #659001 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=659001\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The tax paid is 30,000*k+35000(k+.04)=30000K+35000K+1400=9850<BR>\n" );
document.write( "65000K=8450, rearranging terms<BR>\n" );
document.write( "k=8450/65000=0.13 or 13%<BR>\n" );
document.write( "13% of $30000=$3900<BR>\n" );
document.write( "17% of $35000=$5950<BR>\n" );
document.write( "They add to $9850 </SPAN>\n" );
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