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Suppose your annual income is $27443 and there are two tax brackets: 10% for %0-$20,000...

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Finance

Suppose your annual income is $27443 and there are two tax brackets: 10% for %0-$20,000 and 30% for everything above $20,000. What percentage of your income will you pay in taxes? Enter your answer in decimal (0.07 for 7%)

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