Suppose Peter earns an annual salary of R245 000 and frik earns an annual salary of R104 500.Frik spends 82% of his salary on goods and services and Peter all of his salary .Assume the rate is 14% .Calculate the marginal tax rate for Peter<\/p>
dont use pen paper<\/p>", "transcribed_text": "", "related_book": { "title": "Contemporary Business Mathematics with Canadian Applications", "isbn": "133052311, 978-0133052312", "edition": "10th edition", "authors": "S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/726.jpg", "uri": "\/textbooks\/contemporary-business-mathematics-with-canadian-applications-10th-edition-726", "see_more_uri": "" }, "free_related_book": { "isbn": "0440245184", "uri": "\/textbooks\/prodigal-son-a-novel-1st-edition-978-0440245186-108285", "name": "Prodigal Son A Novel", "edition": "1st Edition" }, "question_posted": "2024-06-13 06:11:51", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-21", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/compute-the-energy-necessary-to-bring-together-from-a-very-large", "description": "Compute the energy necessary to bring together (from a very large distance) the charges in the configuration shown in Fig. 16.25. 0.10 m 0.10 m 0.10 m 0.10 m 43 5.0", "stars": 3 }, { "url": "\/study-help\/java-how-to-program-late-objects\/if-integers-x-and-y-are-set-to-7-and-1237117", "description": "If integers x and y are set to 7 and 3, what is the value of x after x = y++ and x = ++y?", "stars": 3 }, { "url": "\/study-help\/psychology\/critique-your-plan-using-the-questions-for-critical-analysis-listed-1980064", "description": "Critique your plan using the questions for critical analysis listed in this chapter.", "stars": 3 }, { "url": "\/nonuniform-but-spherically-symmetric-distribution-of-charge-has", "description": "A nonuniform, but spherically symmetric, distribution of charge has a charge density p (r) given as follows: Where P0 is a positive constant (a) Find the total charge contained in the charge...", "stars": 3 }, { "url": "\/study-help\/questions\/explain-question-2-1-the-time-worked-field-9874445", "description": "explain Question 2 -- \/ 1 The time worked field in a payroll transaction record contained the value 400 instead of 40. As a result, the employee received a paycheck for $6,257.24 instead of $654.32....", "stars": 3 }, { "url": "\/study-help\/questions\/what-is-the-market-value-of-the-company-2020-mars-78466", "description": "For this Company (Mars Incorporated (Chockalet and food ..etc. company) ) answer the following 1-What is the market value of the company 2020 (Mars Incorporated )? 2- What is the market...", "stars": 3 }, { "url": "\/study-help\/questions\/2-the-job-cost-sheet-for-benchmore-boat-companys-joborder-1209472", "description": "2 The job cost sheet for Benchmore Boat Company's job-order number Boat 101 is shown below. 3 4 Required 5 Complete the job cost sheet. 6 7 Job Cost Sheet 8 Job Order Number Boat 101 9 Customer Name...", "stars": 3 }, { "url": "\/study-help\/questions\/boardwalk-web-design-has-just-completed-operations-for-the-year-5585114", "description": "Boardwalk Web Design has just completed operations for the year ended December 3 1 , 2 0 2 5 . This is the third year of operations for the company. The following data have been assembled for the...", "stars": 3 }, { "url": "\/study-help\/questions\/transcribed-image-text-andretti-company-has-a-single-product-called-2099462", "description": "Andretti Company has a single product called a Dak. The company normally produces and sells 85,000 Daks each year at a selling price of $64 per unit. The company's unit costs at this level of...", "stars": 3 }, { "url": "\/study-help\/questions\/pharmaceutical-benefits-managers-pbms-are-intermediaries-between-upstream-drug-manufacturers-4917958", "description": "Pharmaceutical Benefits Managers (PBMs) are intermediaries between upstream drug manufacturers and downstream insurance companies. They design formularies (lists of drugs that insurance will cover)...", "stars": 3 }, { "url": "\/study-help\/questions\/create-a-banking-program-with-html-and-javascript-must-have-620024", "description": "create a banking program with html and javascript must have javascript and html in the code must have javascript and html in the code Your supervisor has asked you to create a simple bank...", "stars": 3 }, { "url": "\/study-help\/questions\/as-the-united-states-economy-moves-out-of-a-recession-4692138", "description": "As the United States economy moves out of a recession, U.S. financial investors increase their purchases of stocks that are expected to earn a higher rate of return than they are currently earning on...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/select-all-that-apply-how-does-process-innovation-improve-productive-2910875", "next": "\/study-help\/questions\/draw-the-supply-curve-and-the-demand-curve-for-a-2910877" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Economics", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-economics" }, { "name": "Suppose Peter earns an annual salary of R245 000 and frik earns", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/suppose-peter-earns-an-annual-salary-of-r245-000-and-2910876" } ], "skill_details": { "skill_id": "12", "skill_name": "Economics", "parent_id": "1" } }": "1" } }