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Assuming taxable income of $73,000 a year filing single status, apply the marginal tax rate in Figure 9.7. (Assume a filing status of single.) a.

Assuming taxable income of $73,000 a year filing single status, apply the marginal tax rate in Figure 9.7. (Assume a filing status of single.)

a. What is your marginal tax rate?

Answered:25%

b. What is your average tax rate? (Round your answer to 2 decimal places.)

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