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GoodMad_ GoodMad_
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7 years ago
Ben Fasby has taxable income of $7,000, and the following tax rate schedule is applicable:
Taxable Income   Tax Rate
$0 to $3,400   0 %
$3,400 to $5,500   12 %
$5,500 to $7,600   14 %

Ben's average tax rate is
A) 14.0%.
B) 12.0%.
C) 8.3%.
D) 6.6%.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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bzapianbzapian
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