If the federal tax rate is 36% and the state tax rate is 7%, the effective tax

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If the federal tax rate is 36% and the state tax rate is 7%, the effective tax rate is closest to:

(a) 40.5%

(b) 37.3%

(d ) 31.8%

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Dec 24, 2018 04:52 AM

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If the federal tax rate is 36% and the state tax rate is 7%, the effective tax

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Engineering Economy

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