Answer:
So, the odds that a taxpayer would be audited 28 to 972 or 2.88%
Step-by-step explanation:
Given
Let P(A) = Probability of irs auditing
P(A) = 2.8%
Let n = number of those who earn above 100,000
To get the odds that taxpayer would be audited, we need to first calculated the proportion of those that will be audited and those that won't.
If the probability is 2.8% then 2.8 out of 100 will be audited. That doesn't make a lot of sense since you can't have 2.8 people; we multiply the by 10/10
i.e.
Proportion, P = 2.8/100 * 10/10
P = 28/1000
The proportion of those that would not be audited is calculated as follows;
Q = 1000 - P
By substituton
Q = 1000 - 28
Q = 972
So, the odds that a taxpayer would be audited 28 to 972 or P/Q
P/Q = 28/972
= 0.0288065844
= 2.88% --- Approximately
Answer:
I. 1,000 dollars
II. 1,061.84 dollars
III. 1,127.50 dollars
Step-by-step explanation:
Formula for continuous compound interest:
Plug in the values for one year:
A = 1000(2.71828)^(0.06)(1)
A = 1,061.84 dollars
Plug in the values for two years:
A = 1000(2.71828)^(0.06)(2)
A = 1,127.50 dollars
<span>The zero of a function is a value of x that makes the value of function equal to zero. </span>
Answer:16
Explanation:To find X intercept you plus in zero for X since X intercept is the value that the line touches the X axis so knowing this
-2x+8(0)=-32
-2x=-32
-32/-2
X=16
Answer:
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Step-by-step explanation:
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