Estimate the following answer. Explain how you made your estimate and, where possible, state whether your estimate is larger or smaller than the exact answer. We will provide onepossible answer, and yours may differ from ours depending on how you make your estimate.
Calculating tax deductions. Ben bought a new car for $19,880 and paid a 2.5% sales tax. He can deduct this amount on his federal income tax return. If he is in the 21% bracket, how much will this deduction save him in taxes?
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