The Approximate Percent of Average Income Used to Pay

question 234

Multiple Choice

The approximate percent of average income used to pay federal, state, and local taxes is given by , where is the number of years after 1950. The actual tax load for 1970 was 31.4%. What does the formula give as an approximation? Round your answer to one decimal place. ​

• A)21.0%
• B)38.2%
• C)30.9%
• D)11.3%
• E)33.6%

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