FINANCE-Terri wants to buy a hot tub.

QUESTION

.0/msohtmlclip1/01/clip_image002.jpg”>Terri wants to buy a hot tub. The tub, including all sales taxes, will cost $7,000. Terri is in a 7% state tax bracket, a 25% federal income tax bracket, and also pays 7.65% payroll tax. How much money must Terri earn GROSS from her job in order to buy the hot tub?
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ANSWER:

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