Mathematics : asked on shaxll
 18.09.2020

After paying income taxes of 45%, Jennifer's annual take-home income was $34,650.
Calculate her income before taxes (gross income).
Round to the nearest cent

. 0

Step-by-step answer

14.05.2023, solved by verified expert
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Answer:

Jennifer's income before taxes (gross income) was $63000

Step-by-step explanation:

Let X be Jennifer's income before taxes. After paying 45% in taxes, she takes home 55% of her income, so we can write:

0.55X = 34650

Solving for X, we have:

X = 34650 / 0.55

X = 63000

Therefore, Jennifer's income before taxes (gross income) was $63000.

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