Multiple Choice
The figure below show a simplified version of the current (2015) Canadian federal income-tax system.The marginal income-tax rates for the four ranges of income are 15%,22%,26%,and 29%,respectively. FIGURE 18-2
-Refer to Figure 18-2.An individual with a taxable income of $39 500 will pay ________ in income taxes.
A) $0
B) $6122
C) $5925
D) $6109
E) $8690
Correct Answer:

Verified
Correct Answer:
Verified
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