It will take 2 years.
Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest
$2.5k + $0.1k = $2.6k
Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest
$100 + $104 = $204 > $200
There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions
Answer:
Y=21
Step-by-step explanation:
add 13 on both sides you get Y=21
Numerical form is an actual number as opposed to a word.
"Seven" is not numerical form.
"7" is numerical form.
Answer:
33250
Step-by-step explanation:
Pedro had earned a gross income of 35200 last year.
So, the gross income of Pedro for the current year will also be 35200.
But, this year he has taken the standard deduction of 5450.
Hence, his current year's income will be reduced to (35200-5450)= 29750.
Again, in the current year, he got an exemption of 3500.
Therefore, the net taxable income of Pedro for the current year will become (29750+3500) =33250. (Answer)
