3 years ago

How is the current progressive tax system unfair?

1 answer:

3 0

It can be interpreted as unfair because a progressive tax system implies that different people, or different businesses, have to pay different levels of taxes, instead of a fair rate for everyone.

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Which of the following scenarios describes an offer?a.Raoul asks Wendy if she would be willing to sell her first-edition copy of

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Answer: A -Raoul asks Wendy if she would be willing to sell her first-edition copy of War and Peace.

Explanation: An offer is a legal term used in a contract. An offer is made by an intending buyer to an intending seller regarding a product or service.

The offer is a legal question that is asked by a willing buyer if the seller of the product would consider selling it or not.

An offer can be accepted or declined by the person being made the offer.

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Whice of the following best describes the objective section of a lesson plan

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The answer of the above question is

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E-Loan, an online lending service, recently offered 48-month auto loans at 4.5 % compounded monthly to applicants with good c

ser-zykov [4K]

Answer:

Therefore I can borrow $19646.12 from E-Loan.

The interest I will pay for the loan is $1,857.88.

Explanation:

The formula of present value is

$PV=PMT(\frac{1-(1+i)^{-n}}{i})$

PMT = The monthly payment = $448

i= Rate of interest per period $=\frac{4.5}{12}\%=0.00375$

n = The number of month = 48 months

Therefore

$PV=448(\frac{1-(1+0.00375)^{-48}}{0.00375})$

≈$19646.12

Therefore I can borrow $19646.12 from E-Loan.

The interest = Paid amount - Loan amount

=$[(448×48)-19646.12]

=$1,857.88

The interest I will pay for the loan is $1,857.88.

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3 years ago

WILL MARK BRAINLIEST!!!!!

kolbaska11 [484]

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selling an investment for more than they paid for it

Hope this helps plz mark me brainliest

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2 years ago