Suppose that the luxury sales tax rate in a foreign country is 19%. A very wealthy socialite bought a diamond tiara for $244,000. How much tax does she pay?

Suppose your friend wins the lottery and is thinking of buying a new Tesla for around $125,980.  The taxes on this vehicle will total $9,133.55.  What is the effective tax rate that your friend is paying on the Tesla?     92.75%     13.79%     12.79%     7.25%

Your property taxes come due annually and generally cost about $4,000. You decide that you would like to set aside a monthly amount, beginning in January, to be prepared for when this bill comes at the end of the year. How much should you set aside each month? Round your answer to the closest dollar amount. You must show work to earn full credit. Divide the cost by the number of months in a year.

If your gross annual salary is $47, 500. If you take home about 64.35% of your income, what is your after tax monthly income?