SOLUTION: 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 $

Algebra ->  Expressions -> SOLUTION: 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 $      Log On


   



Question 1043632: 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?
Answer by advanced_Learner(501) About Me  (Show Source):
You can put this solution on YOUR website!

k=13
30,000*(k/100)+35,000((k+4)/100)=9850
300k+1400=9850
650k=8450
k=13