paige5horses2000
25.01.2020 •
Business
Agovernment collects $700 billion annually in tax revenue. each year it allocates $130 billion to interest payments that it must pay on its accumulated debt. what percentage of annual tax revenue is allocated to make these interest payments
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Ответ:
18.57%
Explanation:
Given that
Government collection annually in tax revenue = $700 billion
Interest payment each year = $130 billion
By considering the above information, the percentage would be
= (Interest payment each year) ÷ (Government collection annually in tax revenue) × 100
= ($130 billion ÷ $700 billion) × 100
= 18.57%
We simply divide the each year interest payment by the government collection on annually basis so that the percentage could come
Ответ:
True i think
Explanation: