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QUESTION 42 POINTS Ernle earns $65,000 gross annual salary. In Ernie's jurisdiction there is a progressive tax system with rules as follows: 1. Any amounts
QUESTION 42 POINTS Ernle earns $65,000 gross annual salary. In Ernie's jurisdiction there is a progressive tax system with rules as follows: 1. Any amounts earned up to $25,000 are taxed at 15%. 2. Any amounts earned beyond $25,000 are taxed at 3%. Given that Ernle pays $12,000 per annum in income tax, calculate y. Give your answer to the nearest tenth of a percent. Do not include the percent symbol in your
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