Which one of the following has the highest effective annual rate? Multiple Choice O 6 percent compounded annually O 6 percent compounded semiannually 6 percent compounded quarterly O 6 percent compounded daily 0 6 percent compounded every 2 years Use the following tax table to answer this question: Tax Rate 108 12 22 Taxable Income 0 - 9,525 9,525 - 38,700 38,700 - 82,500 82,500 - 157,500 157,500 - 200,000 200,000 - 500,000 500,000+ Stacey's Fabrics, a sole proprietorship earned $260,000 in taxable income for the year. How much tax does the company owe? Multiple Choice O 596,220 O 50.000 O $66.690 Stacey's Fabrics, a sole proprietorship earned $260,000 in taxable income for the year. How much does the company Multiple Choice o 396, 220 o 591,000 o 366,690 o 562,4 o 72