answersLogoWhite

0

The interest accumulated on the amount of money held in a savings account. A gross rate is known to not consider tax so comparison is suggested.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is the gross annual salary for 7.50?

what is the gross annual salary of £7.50 hourly rate


What would be the gross if the net is 60000.00?

To calculate the gross amount from a net figure, you need to know the tax rate or deductions applied. Assuming a standard tax rate of, for example, 20%, the formula would be Gross = Net / (1 - Tax Rate). In this case, Gross = 60,000 / (1 - 0.20) = 60,000 / 0.80 = 75,000. Therefore, if the net is 60,000, the gross would be 75,000 assuming a 20% tax rate.


Gross reproduction rate for japan?

37


How do you Gross up sales tax?

Sales Tax / Sales Tax Rate = Gross Sale


What is the acceptance rate for mason gross music?

19%


What is the gross primary productivity equation used to calculate the rate at which plants convert solar energy into chemical energy through photosynthesis?

The gross primary productivity equation used to calculate the rate at which plants convert solar energy into chemical energy through photosynthesis is: Gross Primary Productivity Rate of Photosynthesis - Rate of Respiration.


How do you gross up net premiums?

To gross up net premiums, you first need to determine the applicable tax rate or other deductions that were subtracted from the gross premium to arrive at the net premium. Once you have this rate, you can use the formula: Gross Premium = Net Premium / (1 - Tax Rate). This calculation will provide the gross premium amount before any deductions were applied. Keep in mind that this method assumes a single tax rate applied to the entire premium.


United services and supplies reports net income of 60000 and cost of goods sold of 360000. If US and ampS's gross profit rate was 40 net sales were?

To find the net sales, we can use the gross profit rate formula. The gross profit is calculated as gross profit rate multiplied by net sales. Given the gross profit rate of 40%, we can set up the equation: Gross Profit = Net Sales × Gross Profit Rate Net Income = Gross Profit - Cost of Goods Sold First, we need to determine gross profit, which can be found by adding net income to cost of goods sold: Gross Profit = Net Income + Cost of Goods Sold = 60,000 + 360,000 = 420,000. Now using the gross profit formula: 420,000 = Net Sales × 0.40 Net Sales = 420,000 / 0.40 = 1,050,000. Thus, US and S's net sales were $1,050,000.


What are Gross Heat Rate and Net Heat Rate?

Gross Heat Rate: Gross electricity (Power) produced by a power plant per unit fuel energy consumption. This excludes all internal power consumptions. Net Heat rate is net power production at transformer per unit fuel energy consumption by power plant.


How do you calculate Gross rate from net rate?

add the number of women who died in her reprodution period in net reprodution rate.


What is difference between the net nitrogen mineralization rate and the gross nitrogen mineralization rate?

Gross: total nitrogen transformed form organic to mineral form in soil over a period of time Net = Gross - the ammount re-taken up by microbes during the same period of time Net is a measure of "plant available" mineral nitrogen production.


Do you want Gross profit rate high or low?

Higher gross profit indicates high profit margins which is good!