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Mathematics, 27.03.2021 08:00 snowflakekitty001
Carol uses this graduated tax schedule to determine how much income tax she owes.
If taxable income is over- But not over-
The tax is:
SO
$7,825
$31.850
$7.825
$31,850
$64.250
$64,250
$97,925
10% of the amount over $0
$782.50 plus 15% of the amount over 7,825
$4,386.25 plus 25% of the amount over 31,850
$12.486.25 plus 28% of the amount over
64.250
$21.915.25 plus 33% of the amount over
97.925
$47,300.50 plus 35% of the amount over
174,850
$97.925
$174,850
$174.850
no limit
If Carol's taxable income is $89,786, how much income tax does she owe, to the nearest dollar?
a $25,140
b. $12,654
$19,636
d. $37,626
C.
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Answers: 1
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Carol uses this graduated tax schedule to determine how much income tax she owes.
If taxable income...
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