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snow_lady [41]
4 years ago
11

What is the difference between gross pay and net pay? gross pay describes your pay after deductions; net pay is before gross and

net pay are the same net pay describes your pay after deductions; gross pay is before none of the above?
Business
1 answer:
kobusy [5.1K]4 years ago
8 0
<span>Net pay describes your pay after deductions; while gross pay describes your pay before tax deductions. Net pay is your "take home" pay after tax has been deducted while gross pay describes your gross income (I.e the amount prior to tax withholdings). Quite basically, Gross pay is the amount of money an employees receives before any taxes and deductions are taken out it. While Net pay is the amount received after taxes and deductions have been taken.</span>
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if Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to gr
madreJ [45]

Answer:

73 years

Explanation:

To solve this problem, we can use the formula for the annual compound interest, which is:

A=P(1+r)^t

where:

A is the final amount after time t

P is the principal

r is the rate of interest

t is the time

In this problem, we have:

P=\$2000 is the principal

r=0.055 is the interest rate (5.5%)

We want to find the time t at which the amount of money is

A = $100,000

Therefore, we can re-arrange the equation and solve for t:

(1+r)^t=\frac{A}{P}\\t=log_{1+r}(\frac{A}{P})=log_{1+0.055}(\frac{100,000}{2000})=73

So, it will take 73 years.

3 0
3 years ago
Which organization or agency assists the fire department by alerting the public of traffic incidents or evacuations?
MariettaO [177]

Media is the organization or entity that would help the fire department with incident scene security, crowd control, and explosives disposal.

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Learn more about Law enforcement here:

brainly.com/question/28344001

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3 0
1 year ago
Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realizatio
GrogVix [38]

Answer:

$12,000

Explanation:

The amount of a gain or loss on realization is the difference between the sum of capital balances of partners and cash balance after settling all liabilities.

Total capital balances = $30,000 + $20,000 = $50,000

Total loss = Cash balance - Total capital balances = $38,000 - $50,000 = $12,000 loss.

Therefore, the amount of loss on realization is $12,000.

6 0
4 years ago
Suppose the central bank implements expansionary monetary policy where the money supply increases. Which of the following will t
natka813 [3]

Answer:

D they both will increase

Explanation:

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4 0
2 years ago
Discuss ONE of the components of job analysis.​
levacccp [35]

Answer:

having fun

Explanation:

thank you have fun I'm stuck on the same one

3 0
3 years ago
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