Answer:
$10,870
Step-by-step explanation:
we can multiply the initial value (27500) by (1-.06), or 0.94, raised to the 15th power
27500(.94)^15 = 10,870.52
This problem can be divided into two parts Part 1 - income up to $10,000 times 10% = $1,000 Part 2 - income over $10,000 = $15,000 - 10,000 = $5,000then, $5,000 times 20% = $1,000 Finally, $1,000 + 1,000 = $2,000
Answer:
is the answer.
Step-by-step explanation:
Change the denominators to 15.

12 - 11 = 1.
= 