Jerry earns a base salary of $50,000 as a photographer and is subject to the following hypothetical income tax bracket. Jerry is considering taking on an additional photoshoot that will increase his income by $5,000. In order for Jerry to deem the photoshoot worth his time, it must earn him $3,000 after taxes. Please round all answers to two decimal places. Tax rate Income $0-$10,000 5% $10,001-$30,000 10% $30,001-$50,000 20% $50,001+ 50% What is the marginal tax rate associated with taking on this photoshoot?

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