Examlex
Structured programming embodies a top-down design philosophy.
Marginal Tax Rate
The rate at which an additional dollar of income is taxed, indicating the tax impact on your next dollar earned.
Depreciation
The accounting method of allocating the cost of a tangible or physical asset over its useful life.
Net Investment
The difference between total investments and the depreciation on those investments over a period, representing the increase in value of an asset.
Marginal Tax Rate
The percentage of tax applied to your income for each tax bracket in which you qualify.
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