Answers General Financial Literacy - Brinkerhoff - 2000 - 202627 Unit 1: Mastery Form and TestQuestion 2

2

QuizMultiple Choice

Unit 1: Mastery Form and Test

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

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

Answer

A

$46.68

B

$74.68

C

$466.75

D

$746.80

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