Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.1 Percent, Sales Tax and Discounts - Exercise Set 8.1: 52

Answer

The average U.S. household spends 10.1% of work time paying for state and local taxes.

Work Step by Step

In the circle graph, State/Local Taxes accounts for 37 days. $\frac{37}{365} = 0.101$ To express a decimal as a percent, we can move the decimal point two places to the right. $0.101 = 10.1\%$ The average U.S. household spends 10.1% of work time paying for state and local taxes.
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