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Author Question: Why should we be more concerned with the marginal tax rate rather than the average tax rate? What ... (Read 152 times)

luvbio

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on: Jul 11, 2018
Why should we be more concerned with the marginal tax rate rather than the average tax rate?
 
  What will be an ideal response?

Question 2

Jimmy just bought a new Ford SUV for his business. The price of the vehicle was 40,000. Jimmy
  made a 5,000 down payment and took out an amortized loan for the rest.
 
  The car dealership made
  the loan at 8 interest compounded monthly for five years. He is to pay back the principal and
  interest in equal monthly installments beginning one month from now. Determine the amount of
  Jimmy's monthly payment.
  A) 634.56 B) 809.33 C) 745.87 D) 709.67
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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chreslie

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Reply #1 on: Jul 11, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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luvbio

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Reply #2 on: Jul 11, 2018
Thank you


chreslie

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Reply #3 on: Jul 11, 2018
No problemo


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