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5 January, 05:01

Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345.40. What is Andrew's net federal income tax rate?

a. 8.47%

b. 15.1%

c. 11.8%

d. 9.1%

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Answers (1)
  1. 5 January, 07:27
    0
    45,300:5,345.4

    =8.47%
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