Gcurtis invests $425,000 in a city of athens bond that pays 6.25 percent interest. alternatively, curtis could have invested the $425,000 in a bond recently issued by initech, inc. that pays 7.25 percent interest with similar risk as the city of athens bond. assume that curtis's marginal tax rate is 24 percent. how much explicit tax would curtis incur on interest earned on the initech, inc. bond?

The explicit tax would Curtis incur on interest earned on the Initech, Inc. bond is $7,395

Explanation:

The computation of the explicit tax is shown below:

= (Invested amount × interest rate with similar risk) × marginal tax rate

= ($425,000 × 7.25%) × 24%

= $30,812.50 × 24%

= $7,395

We consider the invested amount, similar risk interest rate, and the marginal tax rate. The paying interest rate would not be considered. Hence, ignore it

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.

so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

say it in english maybe we can