Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY Money and Credit Management — TestQuestion 24

24

QuizMultiple Choice

Money and Credit Management — Test

Question 24 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Mikkel pays a 4 percent state income tax on his earnings. If he earns 1 dollars comma 867 , how much state income tax can he expect to pay?

Answer

A

466 point 7 5 dollars

B

746 point 8 0 dollars

C

74 point 6 8 dollars

D

46 point 6 8 dollars

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