Question: What is the formula that would be used in excel to calculate the amount to withhold An accountant needs to withhold 20% of income for

What is the formula that would be used in excel to calculate the amount to withhold
An accountant needs to withhold 20% of income for taxes if the income is below $10,000, and 24% of income if the income is $10,000 or more. The income amount is in cell Al. Write a spreadsheet expression that would calculate the amount to withhold
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