Examlex
A transformer changes 120 V across the primary to 1200 V across the secondary.If the secondary coil has 800 turns,how many turns does the primary coil have?
Marginal Tax Rate
The rate at which the last dollar of income is taxed, indicating how much of an additional dollar of earnings will be taken as tax.
Taxable Income
The amount of income used to determine how much tax an individual or a company owes to the government, after all deductions and exemptions.
Social Security Tax
A tax that funds the Social Security program, which provides retirement, disability, and survivors' benefits.
Salary
Regular payments usually made monthly or bi-weekly to an employee, often annualized, for performing a job.
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