2
QuizMultiple Choice

Budgeting and Being a Smart Consumer(CFA1)

Question 2 • General Financial Literacy - Brinkerhoff - 2000 - 2026/27

Georgia’s gross pay was $35,600 this year. She is to pay a federal income tax of 16%. How much should Georgia pay in federal income tax this year? Round to the nearest dollar.

Answer
A
$29.90
B
$569.00
C
$5,696.00
D
$29,904.00
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