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pychu [463]
3 years ago
9

Ethan is itemizing deductions on his federal income tax return and had $4200 in medical expenses last year. If his AGI was $39,0

00, and if medical expenses are deductible to the extent that they exceed 7.5% of a taxpayer's AGI, how much can Ethan deduct for medical expenses?
Mathematics
2 answers:
beks73 [17]3 years ago
7 0

Answer:

The answer is $1275

Step-by-step explanation:

First we will find 7.5% of Ethan's income we will multiply 39000 by 0.075

39000\times0.075 = $2925

His total medical expense = $4200

We will subtract $2925 from this total medical expenses to know the deductible.

4200-2925 = $1275

Hence, Ethan's deductible will be $1275.

velikii [3]3 years ago
3 0
Ethan can deduct $1275 for medical expenses, as 7.5% of his AGI is $2925 (so from subtracting this amount from the total of his medical expenses $4200, and the result is the deductible excess = $1275).
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Answer:

50% ( rounded to the nearest tenth of a percent)

Step-by-step explanation:

In this question, we are asked to find the percentage decrease in the price of the bottle of water.

To do this, what we do is that we subtract the new price from the old price, then we divide the result by the old price and multiply the result by 100.

Mathematically,

Percentage decrease in price = (old price- new price)/old price * 100%

Percentage decrease in price= (2.65-1.4)/2.65 * 100%

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A) The midpoint C' of AB is
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The midpoint B' is
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The midpoint A' is
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B) The slope of the line between (x1, y1) and (x2, y2) is given by
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