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Marc, a single taxpayer, earns $ 70 , 0 0 0 in taxable income and $ 8, 0 0 0 in interest from an investment

 Marc, a single taxpayer, earns $70,000 in taxable income and $8,000 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2023, what is his average tax rate? (Use tax rate schedule.) 
 
Note: Round your final answer to two decimal places.

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