Answer:
Option C- An income tax is progressive if the percentage of income paid as taxes increases as income increases.
Explanation:
Majorly, there are three types of Tax systems; these are: Progressive, regressive and proportional.
A tax in which the tax rate increases as the taxable amount increases is known as a progressive tax.
The term "progressive" refers to the way the tax rate progresses from low to high, such that a taxpayer's average tax rate is less than the person's marginal tax rate.
Also,a progressive tax is applicable to individual taxes or to a tax system as a whole; a year, multi-year, or lifetime. It is imposed with the aim of reducing the tax incidence of people with a lower ability to pay, as such taxes shift the incidence increasingly to those with a higher ability-to-pay.
Thus, an income tax is progressive if the percentage of income paid as taxes increases as income increases.
Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.
<h3>What is a business partner or peer?</h3>
This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.
Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.
Find out more on business partners at brainly.com/question/25641198.
The internal rate of return (IRR) of the bond is expressed as yield to maturity (YTM). The discount rate that compares the present value of future cash flows to the initial investment is known as the IRR for a project. The discount rate, as used in capital budgeting, is what brings the net present value (NPV) to a negative number.
Yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid. In essence, YTM represents the internal rate of return (IRR) on a bond if held to maturity.
The annual income from an investment, which includes dividend and interest payments, is divided by the security's current market value to determine a bond's current yield. The total return anticipated on a bond if it is held until its maturity date is known as yield to maturity (YTM).
Learn more about yield to maturity (YTM) here
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Stephen Gary "Steve" Wozniak, nicknamed "Woz", is an American inventor, electronics engineer, programmer, and technology entrepreneur who co-founded Apple Inc.<span>Steven Paul "Steve" Jobs was an American entrepreneur, businessman, inventor, and industrial designer.
</span><span>Steven Paul "Steve" Jobs was an American entrepreneur, businessman, inventor, and industrial designer.</span>
