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Suppose your annual income is $42,080 and there are two tax brackets: 10% for $0-$20,000 and 30% for everything above $20,000. What percentage of your

Suppose your annual income is $42,080 and there are two tax brackets: 10% for $0-$20,000 and 30% for everything above $20,000. What percentage of your income will you pay in taxes? Enter your answer in decimal (0.07 for 7%).

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