Average tax rate is lower than their marginal tax rate

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Reference no: EM131599821

1. For most tax payers, their average tax rate is lower than their marginal tax rate. True or False

2. The more compounding periods per year decreases the total amount of interest you receive over the year. True of False

3. An investment earning twelve percent per year should double in value in approximately four years. True or False.

Reference no: EM131599821

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