AI earns $400 each week mowing lawns. His tax rate is 13%. Find the amount of income tax he needs to pay
To calculate the amount of income tax AI needs to pay, we can use the formula:
Income Tax = Income * Tax Rate
First, let's calculate AI's income tax:
Income = $400
Tax Rate = 13% = 0.13
Income Tax = $400 * 0.13
Income Tax = $52
AI needs to pay $52 as income tax each week.