Convert the Following Fahrenheit Temperatures to Celsius

question 13

Short Answer

Convert the following Fahrenheit temperatures to Celsius. Round off all answers to two places to the right of the decimal point. 66

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Definitions:

Annual Income

The total amount of money earned by an individual or entity within a year from all sources, including wages, salaries, bonuses, and investments.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer’s income is taxed, indicating the proportion of additional income that is paid in taxes.

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to taxation.

Regressive Tax

A tax system wherein the tax rate decreases as the taxable amount increases, placing a higher burden on lower-income earners.