Answer:
a. $11,989
Explanation:
tax rate // for income above
0.1 // $ 0
0.12 // $ 13,600
0.22 // $ 51,800
0.24 // $ 82,500
Mary's income of $79,280 is on the third bracket as is lower than the minimum for the fourth bracket.
first bracket:
$13,600 x 10% = $ 1,360
second bracket:
($51,800 - $13,600) x 12% = $ 4,584
third bracket
($79,280 - $51,800) x 22% = $ 6,045.6
total tax income: 11,989.6
Answer:
d) 216
Explanation:
We need to equate the value of 12th payment and t^th payment through the below formula.
=> 1000*(1+8%)^[(t-12)/12] =3700
=> (1.08)^[(t-12)/12] =3.7
=> [(t-12)/12] =17
=> t=216
The kings name is King Stefan
The underground economy refers to used product sellers who sell in secondary markets. It is thought to make up 3-30% of the US gross national product.
Explanation:
Household production refers to goods and services people produce for themselves.
Underground economy refers to buying and selling of goods and services that are concealed from the government to avoid taxes or regulations or because the goods and services are illegal.
If you know how much the economy works for a brief time, it doesn't matter.
If one knows how goods and services are produced for a decade or further, it might be more important to omit domestic production and development in the underground economy.
