Question 1056953
The taxation rate is 46%. If Sara wants to buy a compact disc from her salary, then 1-.46 of her income must equal 12.42. Let n be her income. Then:
(1-.46)n=12.42
.54n=12.42
n=23
Sara must earn at least $23 before tax in order to afford the CD. ☺☺☺☺