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3 years ago

Highlight the difference between progressive and regressive tax.

Business

1 answer:

Misha Larkins [42]3 years ago

4 0

Answer:

see below

Explanation:

A progressive tax system imposes taxes depending on income earned. The higher the income, the higher the tax rate. It means individuals and entities with a higher income with pay more taxes. A progressive tax system promotes equity by imposing higher taxes on the wealthy and lower taxes on the poor. The US income tax system is an example of a progressive tax.

A regressive tax system does not discriminate on income. It taxes all eligible taxpayers equally regardless of their income level. A regressive tax applies the same tax rate for everyone. Sale tax imposed on goods sold is an example of regressive tax. The regressive tax system takes a higher proposition of income from the low-income earners.

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This morning, you borrowed $150,000 to buy a house. The mortgage rate is 7.35 percent. The loan is to be repaid in equal monthly

NeTakaya

Answer:

$277.61 is applies to the principal balance of the second payment.

Explanation:

Loan is provided to purchase any asset and pay it back on easy installment with some interest amount yearly.

Use following formula to calculate monthly installment:

P = (PV x r) / ( 1 - ( 1 + r )^-n )

P = ( $150000 x 7.35%/12 ) / ( 1 - ( 1 + 7.35% / 12 )^-240

P = 1194.669

1st payment

Payment = $1,194.67

Interest = 150,000 x 7.35/12 = $918.75

Principal Payment = $1,194.67 - $918.75 = $275.92

Outstanding balance = $150,000 - $275.92 = 149,724.08

2nd Payment

Payment = $1,194.67

Interest = 149,724.08 x 7.35/12 = $917.06

Principal Payment = $1,194.67 - $917.06 = $277.61

4 0

3 years ago

Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B

77julia77 [94]

Answer:

Grower Mart

Explanation:

("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin. This means that the buyer incur any risk and takes delivery of the goods once the seller ships the goods. The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.

When the term "F.O.B. Hilltop Farms" it means it is from the point of origin

6 0

3 years ago

For a given set of underlying real estate properties, the type of real estate index that is most likely to have the lowest stand

liberstina [14]

Answer:

The answer is Letter B, appraisal index

Explanation:

Because appraisal index returns are based on estimates of property values. Estimating values tends to introduce smoothing into returns data, appraisal index returns are likely to have lower standard deviations than index returns based on repeat sales, trading prices or REIT trading price.

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3 years ago

What is the shape of MP curve?

Serga [27]

EXPLANATION: The MP curve is one of three related curves used in the analysis of the short-run production so basically the marginal product (MP) curve plays in key role in the economic analysis of short-run production by firm

Answer: MP curve looks like a reverse U shaped curve or are invertedly U-shaped

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3 years ago

The use of anthropological techniques to study businesses and what some people call organizational culture in order to assist th

Alinara [238K]

The use of anthropological techniques to study businesses and what some people call an organizational culture to assist the business is most specifically an example of applied anthropology.

What is applied anthropology and why is it important?

Applied anthropologists use anthropological concepts and methodologies to address issues in the real world. For instance, they might assist in resolving environmental, educational, or health-related issues in local communities. They might also assist with historical interpretation in museums, national parks, or state parks.

How is anthropology used in organizational behavior?

Understanding what works and what doesn't, how individuals use technology and tools in their daily work, and how employees get meaning from their jobs are all made easier by an anthropological perspective on organizational behavior. A possibility to genuinely understand what is happening and why in an organization is provided by business anthropology.

Learn more about applied anthropology: brainly.com/question/27992203

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2 years ago