Given:
Leela invests 500 at 4.5%
VI = 500 x 1.045^t
Adele invests 500 at 4.5% but 2 years before Leela invested
Vi = 500 x 1.045^2+t
<span>The total value of Adele’s account is approximately what percent of the total value of Leela’s account at any time, t?
</span>
[500 x 1.045^2+t / 500 x 1.045^t] * 100%
1.045² x 100% = 1.092 x 100% = 109.2%
To check: t =1
Adele: 500 x 1.045^2+1 = 500 x 1.045³ = 570.58
Leela: 500 x 1.045^1 = 500 x 1.045 = 522.50
570.58 / 522.50 = 1.092
1.092 x 100% = 109.20%
Answer:
The amount of income tax in dollars and cents is $4,695.75
Step-by-step explanation:
To find the amount of income tax that should be paid, we simply use the percentage said to be for the income tax
Mathematically;
income tax = 9% of 52,175
= 9/100 * 52175
= $4695.75
The income tax to be paid on the income is $52,175
Answer:17.7%
Step-by-step explanation:
132 x
____=_____
153 100
132(100)=153(x)
13200=153x
__________
153 153
x=82.3
100-82.3=17.7
Answer:
(7, -4)
Step-by-step explanation: