Use the Table or Graph to Answer the Question If Anne Gets a Bonus of $5300 After Working 4

question 17

Multiple Choice

Use the table or graph to answer the question.
-A company decides the bonus it gives to its employees on the basis of the number of years of Service as shown in the following table: $$\begin{array} { c | l } \text { Number of years of service } & { \text { Bonus } } \\\hline 1 - 3 & 4 \% \text { of salary } \\3 - 8 & 10 \% \text { of salary } \\8 - 15 & 13 \% \text { of salary } \\15 \text { or more } & 20 \% \text { of salary }\end{array}$$
If Anne gets a bonus of $5300 after working 4 years for this company, what is her salary?

• A) $10,600
• B) $53,000
• C) $26,500
• D) $42,400

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Definitions:

Libertarians

Individuals who advocate for minimal government intervention in the personal and economic lives of citizens.

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, thus higher income earners pay a larger percentage of their income in taxes.

Libertarians

Individuals who advocate for minimal government intervention in the personal and economic lives of citizens, emphasizing individual liberty and free-market principles.

Diminishing Marginal Utility

A principle stating that as consumption increases, the marginal utility derived from each additional unit declines.