Colby's gross income was $93,000 last year. If he had $1646.92 withheld for federal income tax from each of his monthly paychecks,what percentage of his gross income was withheld for federal income tax last year? Give your answer to the nearest hundredth of a percent

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Colby's gross income was $93,000 last year. If he had $1646.92 withheld for federal income tax from each of his monthly paychecks,what percentage of his gross income was withheld for federal income tax last year? Give your answer to the nearest hundredth of a percent

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Find the amount withheld from the given conditions.

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