Assume that a product has the following three stages of production: 
If the value-added tax (VAT) rate is 20%,what would be the VAT over all stages of production?
Definitions:
Rate Of Return
The upward or downward movement in the worth of an investment for a predefined interval, calculated as a percentage of the investment's inaugural cost.
Discount Rate
The Discount Rate is the interest rate used to determine the present value of future cash flows in discounted cash flow analysis.
Predicting Variables
Variables in statistical models that are used to predict outcomes or responses of interest.
Regression Analysis
A statistical method used to model the relationship between a dependent variable and one or more independent variables.
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