Kyle anticipates that he will be in a higher tax bracket when he retires than he's in now.

Mathematics

1 answer:

kupik [55]3 years ago

3 0

Answer:

For Kyle, a Roth IRA would be a better choice if he wants to pay less tax, since the tax will be collected when he contributes funds.

Explanation:

If kyle falls in higher tax bracket when he retires, then Roth IRA is the best option.Roth IRA is an individual's retirement saving account that offers valuable tax benefits, that is the money invested within the Roth IRA is tax free and withdrawal in retirement will be tax free too.That is you contribute money now that you'll pay income taxes on this year, but the withdrawal will be tax free during retirement.

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Uninhibited growth can be modeled by exponential functions other than A(t) =Upper A 0 e Superscript kt. For example, if an i

laila [671]

The question is incomplete. Here is the complete question.

Uninhibited growth can be modeled by exponential functions other than $A(t)=A_{0}e^{kt}$ . for example, if an initial population P₀ requires n units of time to triple, then the function $P(t)=P_{0}(3)^{\frac{t}{n} }$ models the size of the population at time t. An insect population grows exponentially. Complete the parts a through d below.

a) If the population triples in 30 days, and 50 insects are present initially, write an exponential function of the form $P(t)=P_{0}(3)^{\frac{t}{n} }$ that models the population.

b) What will the population be in 47 days?

c) When wil the population reach 750?

d) Express the model from part (a) in the form $A(t)=A_{0}e^{kt}$ .

Answer: a) $P(t)=50(3)^{\frac{t}{30} }$