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Mrs. E's Business math Chapter 2.3 & 2.4 Review
Quiz by Tara Eisley
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To calculate tax in a graduated tax system. What is the tax amount owed for tax bracket 1 if an employee earns $36,000 each year.
Tax Brackets:
Bracket 1: $0-15,000 - 5%
Bracket 2: $15,000-30,000 - 10%
Bracket 3: Above $30,000 - 15%