1/2 × 1/2
1/4 or 25%
probability of tails both times
Answer:
50
Step-by-step explanation:
Figure out all variables
100/(2x5= 10)-9+(3x.33=1)
100/10-9+1
100/2
50
Given:
assessment rate = 51%
tax rate = 53.26 per 1,000
53.26 / 1000 = 0.05326
0.05326 x 100% = 5.326%
Effective tax rate = assessment rate * tax rate
ETR = 51% * 5.326%
ETR = 2.72%
