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Reference: Ref 17-1 (Figure: U

Question 1

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Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) According to the figure, an individual who earns $63,700 a year, has no deductions, and claims no exemptions will pay income tax of A) $8,772.50. B) $9,555.00. C) $6,370.00. D) $1,565.00. Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) According to the figure, an individual who earns $63,700 a year, has no deductions, and claims no exemptions will pay income tax of


A) $8,772.50.
B) $9,555.00.
C) $6,370.00.
D) $1,565.00.

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