Answer:
y = 0.0765x
Step-by-step explanation:
We have that:
y is the total taxes paid.
x is the total wages earned.
The total taxes paid is a function of the total wages earned.
For wages less than the maximum taxable wage base, Social Security contributions (including those for Medicare) by employees are 7.65% of the employee's wages.
So 7.65% of the total wages earned are paid in taxes. We write the percentage as a decimal, so 7.65/100 = 0.0765
So the answer for a) is:
y = 0.0765x
Answer:
like
Step-by-step explanation:
<span>Normally when they tell you interest rate they say per annum meaning the percent interest rate for a year.
But in this problem they seem to say John pays 12% for a 146 day loan.
So interest = P * r / 100 = 8400 * 12/100 = $1,008.00
Maturity value = Principal + Interest = 8400 + 1008 = $9,408.00</span>
Answer:
Umm the pic is blocked
Its the blocked picture or meh
Step-by-step explanation: