QUESTION 5 What is your effective tax rate if you paid $27,621 in 2021 and your income was $140,000? O 19.7% O 24% O 10% O none of these are correct

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 1ECP: You accept a job with an annual income of $58,400 . This includes your salary and a $1200 year-end...
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QUESTION 5
What is your effective tax rate if you paid $27,621 in 2021 and your income was S140,000?
O 19.7%
O 24%
O 10%
O none of these are correct
Transcribed Image Text:QUESTION 5 What is your effective tax rate if you paid $27,621 in 2021 and your income was S140,000? O 19.7% O 24% O 10% O none of these are correct
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