The higher coupon payment will cushion the impact of rising rates, which means the investor takes less of a hit on price.The 4 percent coupon bond might lose 15 percent in value if rates go up 1 percent, whereas the 6 percent coupon bond might only lose 10 percent in value, Cummings says.
The first tax band covers annual TAXABLE income (i.e., after deductions) from $0 to $9,225. On this band, you will pay 10% income tax. From $9,225 to $37,450 the tax rate is 15%. From $37,450 to $90,750 the tax rate is 25%.
$16.10 an hour annually is $33,488.00(which computes to $644.00 weekly and $128.80 daily) PS. We assume that you work 40 hours a week and that you work 52 weeks a year, and we did not deduct any taxes. Deducting taxes and adjusting for holidays and vacation will make the above amount smaller. How much annually?