2. Table is given below shows that marginal tax rates for Alejandro Corporation. Taxable Income of the Company is equal to $44.000. How much will the Company pay tax totally? Average tax rate? (15p) NOTE: PLEASE SHOW HOW YOU COMPUTE EACH OF THE ITEMS. Taxable Income (S) Tax Rate 0 - 16.000 10% 16.000 - 39.000 12% 39.000 - 55.000 16% 19% 55.000 - 70.000 70.000 - 86.000 23% 3. Suppose that an investment promises to pay a real 9% annual rate of interest and inflation rate is 3%. What is the effective annual interest rate on this investment assuming that interest is compounded quarterly? (10p)