Final answer:
The daily tax rate on a Banker's Calendar with annual taxes of $1,569 is $4.37. This rate is derived by dividing the annual tax amount by 360 days, the number of days in a Banker's year.
Step-by-step explanation:
To calculate the daily tax rate using a Banker's Calendar, which typically assumes each month has 30 days for a total of 360 days in a year, we first need to find out the total amount of taxes paid annually, which is $1,569. Then, we divide this amount by the number of days in a Banker's year:
$1,569 รท 360 days = $4.36 per day (approximately $4.37 when rounded to the nearest cent).
This gives a daily tax rate of $4.37, assuming a constant rate throughout the entire year. It's important to note that this calculation is a simplification and does not take into account any potential variability in tax rates or due dates for tax payments throughout the year.