The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.
<h3>What is income tax?</h3>
Income tax is a tax applied on individuals or entities concerning income or profit earned by them.
Qualified plans provide two tax benefits that are not available in other types of investments.
Tax rates will be higher in the future with the increment of time, but the benefits of the tax-deferred savings plan will overcome higher tax rates over time.
The taxable capital gains added to the banker’s income move them to a higher tax rate. the statement is true.
Learn more about tax;
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Answer: 161 packages of gift wrap and the 44 packages of greeting cards
Step-by-step explanation:
We are told the class sells 205 packages in total of gift wraps and greting cards:
(1)
Where 
is the number of packages of gift wrap and 
is the number of packages of greeting cards.
In addition, we are told the class receives a total of 
selling each package of gift wrap for 
and each package of greeting cards for 
:
(2)
Isolating from (1):
(3)
Substituting (3) in (2):
(4)
Finding :
(5) This is the number of packages of greeting cards
Substituting (5) in (1):
(6)
Isolating :
This is the number of packages of gift wrap
The property you use to get from 4(x + 3) to 4x + 12 is the distributive property.
Answer:
The correct answer is option (C)-0.245 = 2.160(0.205)
Step-by-step explanation:
Solution
Given that:
The slope = - 0.245
The size sample = n = 15
The standard error = 0.205
The confidence level = 95
The Significance level= α = (100- 95)% = 0.05
Now,
The freedom of degree = n-2 = 15 -2= 13
Thus,
the critical value = t* = 2.16
By applying Excel = [TINV (0.05, 13)]
The Margin of error is = t* (standard error)
=2.16 *0.205
= 0.4428
