Answer:
Secondary Market
Explanation:
Secondary market are referred to as stock market. All major stock exchanges are secondary market like New York Stock Exchange. In secondary market you can buy previously issued securities. Like in this question, these 300 shares will be sold to another investor in NYSE which is secondary market.
The purchase of a home typically necessitates years of planning and budgeting because it is one of the largest purchases you will ever make.
A budget is an estimate of the money that will come in and go out of the business over a given period of time, and it is often created and reviewed on a regular basis. Budgets can be created for an individual, a team of individuals, a business, a government, or pretty much anything else that generates and spends money.
Budgeting is essential to controlling monthly costs, preparing for unforeseen events in life, and being able to buy expensive products without getting into debt. It doesn't have to be tedious to keep track of your income and expenses, you don't have to be an expert in math, and it doesn't mean you can't buy the items you want. Simply said, it means you'll be more aware of where your money is going and in charge of your finances.
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Answer:
Explanation:
Let’s use the tax rate schedule for 2019
Since Chuck status is single and earned $80,750.
He would pay 10 percent on the first $9,700 of his earnings ($970);
Then 12 percent on the other earnings from $9,701 to $39,475 ($3,573); and then 22 percent on the remaining income, up to $80,750 ($9,081).
Chuck total tax bill would be $13,624. Divide that by adding his earnings of $80,750 and interest of $30,750 and you get an effective tax rate of 12.22 percent.
