At a taxable income of $40,000 Mari's income tax is $7,400.When her taxable income rises to $45,000 her income tax is $8,400.Based on this information,what is Mari's marginal tax rate?
A) 18.7 percent
B) 39 percent
C) 10 percent
D) 30 percent
E) 20 percent
Correct Answer:
Verified
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