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The tax rates for an individual for a particular year are shown below: Taxable Income Tax Rate $0 9,950 10% 9,950 40,525 12% 40,525 86,375

The tax rates for an individual for a particular year are shown below: Taxable Income Tax Rate $0 9,950 10% 9,950 40,525 12% 40,525 86,375 22% 86,375 164,925 24% What is the average tax rate for an individual with taxable income of $104,250

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