In addition to paying federal income taxes, many states requ…
In addition to paying federal income taxes, many states require individuals to also pay state income tax. Single people living in the state of Minnesota who earn between $25,100 and $82,400 fall into the 7% tax bracket. This means they pay $1,340 plus 7% of their income over $25,100 in taxes. Jordan Barnett is a Minnesota resident who earns $63,780. Calculate the amount of money that Jordan would pay in Minnesota income taxes. Be sure to write down the mathematical expression used in your calculation on your paper! Input your answer only in dollars and cents.
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