Nolan Earns a Salary of $80,000 and Has a Flat

question 13

Multiple Choice

Nolan earns a salary of $80,000 and has a flat tax rate of 28%.The amount of after-tax dollars he has to invest is

• A)$22,400.
• B)$57,600.
• C)$56,000.
• D)$80,000.

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Definitions:

Pie Charts

A circular graphical representation used to show the relative proportions of different categories of a whole.

Pet Ownership

The act of owning or being responsible for pets, which are domesticated animals kept for companionship or enjoyment.

Males Vs. Females

This term is related to comparing or contrasting characteristics, behaviors, or statistical data between male and female populations.

Nominal Variables

Variables that represent categories with no intrinsic ranking or order among them.