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Setler79 [48]
4 years ago
11

Alain mire files a single tax return and has adjusted gross income of $304,000. his net investment income is $53,000. what is th

e additional tax that alain will pay on his net investment income for the year?
Business
1 answer:
scoray [572]4 years ago
4 0

Answer:

$2,014

Explanation:

Alain's net investment income tax is the lesser of 1) his net investment income ($53,000) or 2) his modified adjusted gross income less the threshold of $200,000 .

Therefore

$304,000 - $200,000 = $104,000

3.8%×$104,000= $3,952

($53,000 × 3.8% )= $2,014

The additional tax that alain will pay on his net investment income for the year is $2,014

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On her first day on the job in the fast food restaurant, Kayla's supervisor spent considerable time with her, explaining procedu
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Why are import and export two terms that are often involved in conversations about international trade or channel management? Ev
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g Credit card applicants have an average credit rating score of 667. Assume the distribution of credit scores is Normal with a s
Marizza181 [45]

Answer:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the rating score of a population, and for this case we know the distribution for X is given by:

X \sim N(667,65)  

Where \mu=667 and \sigma=65

We are interested on this probability

P(X>700)

And the best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\sigma}

If we apply this formula to our probability we got this:

P(X>700)=P(\frac{X-\mu}{\sigma}>\frac{700-\mu}{\sigma})=P(Z>\frac{700-667}{65})=P(z>0.508)

And we can find this probability using the complement rule and excel or a calculator and we got:

P(z>0.508)=1-P(z

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