A ____ calculator allows you to calculate the monthly payments on a house you are looking to buy.

A man has $34,000 to invest. He invests some of the money at 5% and the balance at 4%. His total annual interest income is $1545

notka56 [123]

Answer:

Amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

Explanation:

Provided we have the following details,

Total investment = $34,000

Let amount invested @ 5% = x

Then, amount invested at 4% = $34,000 - x

Thus, $(x \times 0.05) + (($34,000 - x) \times 0.04) = $1,545$

0.05x + $1,360 - 0.04x = $1,545

0.01x = $1,545 - $1,360 = $185

x = $185/0.01 = $18,500

Thus, amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

7 0

2 years ago

Greg's team was given the task of updating the company's invoice and billing system. They completed the project ahead of schedul

Drupady [299]

If you look at it I think it was be in bounds and you did not have

4 0

3 years ago

What academic information do you have about sub-overseer?

Olenka [21]

Explanation:

Pre-Diploma in Civil Engineering (Civil Sub-Overseer) program is designed to prepare competent general civil sub-overseers equipped with knowledge, skills and attitude especially, in the area construction Engineering & Technology of building construction, water supply, irrigation and road and trail bridges sectors.

They can provide services in the growing infrastructure development industries (civil construction companies and consulting firms) government institutions (centre and local level), local as well as international non-governmental organizations or can start their own business in the country as well as abroad.

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2 years ago

. Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year

Fittoniya [83]

I believe the answer is: decrease/decrease

two facts about 401k are:

- It directly deducted from the amount of salary that you receive from your workplace, which would reduce your take home pay.

- The tax rate that you should pay is multiplied by your net income. When your income is deducted through 401k, the amount of your net income would be reduced along with your tax payment.

7 0

3 years ago

Read 2 more answers

Alamo Inc. had $240 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $26 mill

Sloan [31]

Answer:

The total income tax expense was $138,000,000

Explanation:

Total income tax expense

Decrease in deferred tax assets $26,000,000

+Increase in deferred tax liabilities $52,000,000

+Income tax payable $60,000,000

Total income tax expense $138,000,000

Workings

Income tax payable = 25% * $240,000,000

Income tax payable = $60,000,000

8 0

3 years ago