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mylen [45]
3 years ago
7

C. what is the implied tax (i. e., tax/average income) on the highest quintile?

Mathematics
1 answer:
maria [59]3 years ago
5 0
 <span>The answer is derived from the top quintile LOSS of 101,800 which is due to taxes in other words this is the taxes paid. Therefore, the taxes paid divided by the average income of 170,000 or shown as 101,800/170,000 = .5988 which rounds to .60 or 60% implied tax rate. </span>
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Find the quotient for 7.868+1.4
Ira Lisetskai [31]

Answer:

9.268

Step-by-step explanation:

7 0
3 years ago
Solve the quadratic equation below for the exact values of x.<br><br> 4x² - 5 = 75
vfiekz [6]

Answer:

x = ±2√5

General Formulas and Concepts:

<u>Pre-Algebra</u>

Order of Operations: BPEMDAS

  1. Brackets
  2. Parenthesis
  3. Exponents
  4. Multiplication
  5. Division
  6. Addition
  7. Subtraction
  • Left to Right  

Equality Properties

  • Multiplication Property of Equality
  • Division Property of Equality
  • Addition Property of Equality
  • Subtraction Property of Equality<u> </u>

<u>Algebra I</u>

  • Terms/Coefficients
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Step-by-step explanation:

<u>Step 1: Define</u>

<em>Identify</em>

4x² - 5 = 75

<u>Step 2: Solve for </u><em><u>x</u></em>

  1. [Addition Property of Equality] Add 5 on both sides:                                    4x² = 80
  2. [Division Property of Equality] Divide 4 on both sides:                                  x² = 20
  3. [Equality Property] Square root both sides:                                                    x = ±2√5
8 0
3 years ago
Read 2 more answers
Michael saves $423 dollars a month for college.
alexandr1967 [171]

Answer:

(a). $20,000

(b). The estimate will be lower than the actual amount.

Step-by-step explanation:

We have been given that Michael saves $423 dollars a month for college.

(a). We know that 1 year equals 12 months.

4 years = 4*12 months = 48 months.

\text{Actual amount saved}=\$423\times 48

Since we are asked to find the estimated amount of money Michael will save in 4 years, so we will estimate both quantities as:

423\approx 400\\\\48\approx 50

\text{Actual amount saved}=\$400\times 50

\text{Actual amount saved}=\$20,000

Therefore, Michael will save approximately $20,000 in 4 years.

(b).

The estimate will be lower than the actual amount as we rounded $423 down $23 to nearest hundred that is $400 and rounded 48 up 2 to nearest ten that is 40.

Therefore, the estimate will be lower than the actual amount.

5 0
3 years ago
What is the probability of rolling SIX 1's with SIX dices at the same time?
dybincka [34]
The answer is 6/46656
\frac{6}{46656}


good luck
5 0
3 years ago
A population of 200 rabbits can be modeled by the equation y = 200e^0.06x, where y is the final population of rabbits and x is t
Elenna [48]
Graph 2, Option 4 would be your answer because:
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If you substitute 2, you would get approximately 225
If you substitute 10, you would get approximately 364.
Looking at the graph, your answer would be going up and to the right, the population is getting bigger while the years are increasing as well.
If we substitute 15 into x in the equation, we would get approximately 492.
3 0
3 years ago
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