This is what I found, I hope it helps! Good luck with your test
Going by the information given above, Laura is most likely going to belong to the tax bracket where the rate payable is 12%. This is because she is a single filer and her income is between $10,276 and $41,775.
<h3>What is a tax bracket?</h3>
Tax brackets are a series of income and tax layers by which people are defined based on how much they earn per annum.
The tax rates range from 10% to 37%. The rate applicable to a person or group of persons depends on
- whether or not they are single
- If married, whether they are filing jointly; and
- how much their annual income is subject to deductibles.
It is to be noted that a general answer was provided here due to insufficient details in the question.
Learn more about tax brackets at:
brainly.com/question/1615513
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Answer:
$7700
Step-by-step explanation:
amount invested + interest = total
amount invested + 700 = 8400
Subtract 700 from both sides.
amount invested = 7700
Answer: $7700
.... Hope this will help....
