refer to the income tax schedule given in the table. If your taxable income increase from 4000 to 5000 you will encounter a marginal tax rate of?

Taxable Income $ 1,000 2,000 3,000 4,000 5,000 6,000 Total Tax $ 100 200 300 400 500 600 Refer to the income tax schedule given in the table. If your taxable income increases from $4,000 to $5,000, you will encounter a marginal tax rate of 15 percent 10 percent 30 percent 20 percent