Referring to the following table for the question
Taxable Income Marginal Tax rate
0 - $10,000 10%
$10,000 - $30,000 15%
over $30,000 20%
What is the average tax rate if the taxable income is $43,000? [Hint: enter your answer in 2 decimal places. Do NOT enter the % sign. For example 36.546% should be entered as 36.55]
Your Answer: