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If the income tax rate is 16%, determine the amount of income tax paid on an income of $12,400
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2 votes
If the income tax rate is 16%, determine the amount of income tax paid on an income
of $12,400

User Andrew Thomas
by
5.5k points

1 Answer

4 votes

Answer:

1900

Explanation:

100-16=84

12400×16/100=1984

1984-84=1900

=1900

User Bartvds
by
5.5k points
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