Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345.40. What is Andrew's net federal income

Question

1 month ago

15

tax rate? A. 8.47% b. 15.1% c. 11.8% d. 9.1% Please select the best answer from the choices provided A B C D

2 answers:

AnnZ [12.3K] · Answer 1 · 2026-04-10T21:58:02+03:00

Answer:

c. 11.8%

Step-by-step explanation:

Andrew's annual taxable income is $45,300, and he pays $5,345.40 in federal income taxes.

To determine Andrew's net federal income tax rate, we look for the percentage that $5,345.40 represents of $45,300.

$\text{Andrew's net federal income tax rate}=\frac{\$5,345.40}{\$45,300}\times 100$

$\text{Andrew's net federal income tax rate}=0.118\times 100$

$\text{Andrew's net federal income tax rate}=11.8\%$

Thus, Andrew's federal income tax rate comes out to 11.8%, making option 'c' the correct answer.

Leona [12.6K] · Answer 2 · 2026-04-10T21:55:09+03:00

3 0

5345.40 is what percent of 45300
5345.40=45300x
0.118=x -- divide both sides by 45300

andrew's net federal income tax rate is C) 11.8%