A progressive tax system: __________

Business

1 answer:

otez555 [7]2 years ago

5 0

Answer:

a) Means higher marginal tax rates at higher income levels.

Explanation:

The progressive tax system is a system where the rate of the taxes according to the increased in the taxable amount. It generally applied to the personal income taxes that means if the people have the less income so less tax rate would be applied and if the people have the high income so high tax rate is applied

Therefore as per the given situation, the option a is correct

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Finish the sentence, gym is to healthy as book is to ?

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<span>gym is to healthy as book is to Knowledgeable
The relationship between gym with healthy is that healthy is the expected result that gotten if someone went to gym regularly.
Therefore, the answer should be the expected result if someone read the book regularly, which is knowledgeable.</span>

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3 years ago

Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: Septembe

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Answer:

$ 896,000.00

Explanation:

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October $920,000

November $840,000

December $760,000

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70 percent payment for the previous month

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=$ 896,000.00

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3 years ago

In 2015, the country with the highest GDP per capita in the world was

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I think c or d I’m sorry I’m not ver sure

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2 years ago

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Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed

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Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

$P=F_{P} (i)/1-(1+i)^{-1}$