The tax bracket and tax-free yield will be (18%, 3%) < (32%, 3%) < (32% , 4%) < (22% , 5%) < (24% , 6%) .
<h3>
Taxable equivalent yield based problem:</h3>
The taxable equivalent yield will be:
= Tax-free yield / (100 - Tax bracket)
Taxable equivalent yield = 3 / (100 - 18) = 0.03659
Taxable equivalent yield = 6 / (100 - 24) = 0.07895
Taxable equivalent yield = 3 / (100 - 32) = 0.04412
Taxable equivalent yield = 5 / (100 - 22) = 0.06410
Taxable equivalent yield = 4 / (100 - 32) = 0.05882
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The answer is 113.1. Hope this helps
27 is 144% of 18.75
mk, hope I helped
Answer:
9/40
Step-by-step explanation:
- Write down the percent divided by 100 like this:
22.5/100
- Multiply both top and bottom by 10 for every number after the decimal point:
- As we have 1 digit after the decimal point, we multiply both numerator and denominator by 10, or, simply shift 1 decimal place to the right. So,
(22.5*10)(100*10)= 225/1000
- Simplify (or reduce) the above fraction by dividing both numerator and denominator by the GCD (Greatest Common Divisor) between them. In this case, GCD(225,1000) = 25.
225 ÷ 25/ 1000÷25 = 9/40
Answer:
A midocean ridge or midoceanic ridge is an underwater mountain range, formed by plate tectonics. This uplifting of the ocean floor occurs when convection currents rise in the mantle beneath the oceanic crust and create magma where two tectonic plates meet at a divergent boundary.
Step-by-step explanation:
