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21-01-2021
Mathematics

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If the income tax rate is 4%, determine the amount of income tax paid on an income of 40,000 (include work please!)

Respuesta :

21-01-2021

Answer:

Step-by-step explanation:

to find out the amount of income tax paid, you will multiply

40,000 x 4/100=1,600

4%=4/100=0.04

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