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riadik2000 [5.3K]
3 years ago
11

The _____ tax rate is the percentage of additional earnings that goes to taxes.

Business
1 answer:
blagie [28]3 years ago
7 0
The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.

Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.
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Answer:

B) Yes No

Explanation:

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Explanation:

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For question 2b, can anyone explain to me whether this statement is correct or. not ​
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4 0
3 years ago
Bill wants to give Maria a $590,000 gift in two years. If money is worth 12% compounded semiannually, what is Maria's gift worth
PtichkaEL [24]

Answer:

the present value is $467,335.2613

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Hence, the present value is $467,335.2613

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

8 0
3 years ago
On december 1, watson enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with erikson co
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