Problem

Estimate the following answer. Explain how you made your estimate and, where possible, sta...

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 taxes. Dwight’s taxable income is $37,840. If the state income tax rate is 2.4% and the county wage tax is 1.1%, what is the total that he will pay for those two taxes?

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