Marc, a single taxpayer, earns $64,800 in taxable income and $5,480 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2022, what is his effective tax rate? (Use tax rate schedule.) Note: Round your final answer to two decimal places. Multiple Choice 22.49 percent 14.05 percent 15.52 percent 11.75 percent None of the choices are correct.