Answer:
2
Step-by-step explanation:
Answer:
700 Dollars
Step-by-step explanation:
The expression for solving this is I = prt
So lets start with P, that is our principal or amount of money we start with, and we want to multiply it by our rate, or r , which is 3.5, so we would do 5000 x 0.035 to get 175, then we multiply that by our time or t, which is 4 years, so 175 x 4 = 700 dollars :D
Based on the information given, the person who doesn't qualify for the income tax credit will be A. Ivy, age 22, is single with no dependents. She is not a dependent of another person. She has wages of $6,500 and an investment income of $11,150.
It should be noted that the earned income tax credit is important as it helps low-income workers get a tax break.
From the options given, Ivy is the taxpayer that does not qualify for the 2021 Earned Income Tax Credit. This is because she's not a dependent of another person.
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