Determine the effective tax rate for a taxable income of $63,425. Round the final answer to the nearest hundredth.
10%
14.67%
15.18%
22%
![Determine the effective tax rate for a taxable income of 63425 Round the final answer to the nearest hundredth 10 1467 1518 22 class=](https://us-static.z-dn.net/files/d9e/0549c417bfa34e32a91bdfe602c582af.png)