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: 51

Answer

The average U.S. household spends 19.2% of work time paying for federal taxes.

Work Step by Step

In the circle graph, Federal Taxes accounts for 70 days. $\frac{70}{365} = 0.192$ To express a decimal as a percent, we can move the decimal point two places to the right. $0.192 = 19.2\%$ The average U.S. household spends 19.2% of work time paying for federal taxes.
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