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AssignmentMultiple Choice

Careers, Salaries, and Lifetime Income

Question 1 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Of all tax returns filed electronically, 0.05% contain errors, but 20% of all tax returns filed manually contain errors. If 3.3 million tax returns are filed each way, how many more manually filed returns containing errors will there be than electronically filed returns containing errors?

Answer
A
330,825
B
643,500
C
321,750
D
658,350
Of all tax returns filed electronically, 0.05%…