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Andreyy89
2 years ago
15

what is the relationship between the amount of federal tax deducted from your paycheck and the number of dependents you claim on

your W-4?
Business
1 answer:
PtichkaEL [24]2 years ago
5 0

The relationship between the amount of federal tax deducted and the number of dependents is that the more dependents you have, the less federal tax you pay.

<h3>How do dependents affect income tax?</h3>

Claiming dependents on your W-4 means that you are claiming allowances, and the higher the number of allowances claimed, the lower the tax withheld from you.

The logic behind this is that if you have more dependents, you will need more of your income to take care of them.

Find out more on claiming allowances on taxes at brainly.com/question/6942700.

#SPJ1

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Answer and Explanation:

The answer is attached below

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2 years ago
Jasper makes a $31,000, 90-day, 6.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is:__
pochemuha

Answer:

the amount of interest that is collected is $503.75

Explanation:

The computation of the amount of interest that is collected is shown below:

= Cash loan × number of days ÷ total number of days × rate of interest

= $31,000 × 90 days ÷ 360 days × 6.5%

= $503.75

Hence, the amount of interest that is collected is $503.75

This is the answer but the same is not provided in the given options

We simply applied the above formula so that the correct value could come

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4 0
2 years ago
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Answer:

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4 0
3 years ago
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The concept of a niche of opportunity refers to the existence of a group of people or companies that have certain needs, and who have the will to meet them and economic capacity to acquire the services or goods necessary for this,<u> in this case James les He offered the good or service to meet this need.</u>

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4 0
3 years ago
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