Question Completion Status: QUESTION 7 1 points Assume Joyce makes $120,000 in taxable income in 2020. What type of tax rate structure applies to her income? TTTT Paragraph Arial 3 (12pt) %DOQE T Sx Mashups T6 E-T - E HTML CSS Words:0 Path: Windows QUESTION 8 1 points Save Answer This year, Jorge (MF) inherits $3,000,000 and invests in City of Fairfax bonds at 3% interest. Last year, his Salary last year was $500,000. His salary had not changed from the prior tax year. What is the change in Jorge's average tax rate on his income? TTTT Paragraph Arial 3 (12pt) E. T % DOO TT "T fx Mashups DINTHLESS Words:0 Path: P QUESTION 9 1 points Save Answer This year, Jorge (MF) inherits $3,000,000 and invests in City of Fairfax bonds at 3% interest. Last year, his Salary last year was $500,000. His salary had not changed from the prior tax year. What is his Average tax rate if he decided to invest the 3,000,000 in corporate bonds instead? The corporate bonds had an annual yield of 8%. TTTT Paragraph Arial 3 (12pt) ET % Doa TT. $x Mashups DETHLESS I Path: Words:0 Activate Windows