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Anna11 [10]
3 years ago
12

Can you double your money in retirement funds?

Business
1 answer:
Alenkinab [10]3 years ago
8 0

Answer:

no

Explanation:

my grandma retired so I know a little about retirement

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Say that Thailand has a workforce of 35,709,487 people, each of whom earns an average salary of (equivalent USD) $8,630 annually
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Answer:

Ans. c) Income tax rate must be 23%

Explanation:

Hi, the total income of Thailand´s workforce is:

Total Income=35,709,487 people*\frac{8,630}{person} = 308,172,872,810

Since Thailand´s government needs to raise $70,000,000,000, the tax rate has to be:

TaxRate=\frac{70,000,000,000}{308,172,872,810} =0.23

So Thailand´s tax rate must be: c. 23%

Best of luck.

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3 years ago
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Answer:

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