Part A)
Multiply the amount he earned by 8.5%
8.5% written as a decimal is 0.085.
75,000 x 0.085 = $6,375
Part B)
Subtract the amount of tax from his earnings:
75,000 - 6,375 = $68,625
Answer:
The middle between two numbers is the average of those numbers. So we add those two numbers together and divide by two. And the answer is (1 + 6) / 2 = 3.5
.7431448255...
i entered sin(48) into my calculator and got the answer above
Gareth has $2,000 to invest. Putting the money in a savings account at his local bank will earn him 2.2% annual interest.
Interest earned in local bank = 2000 * 22.2% = 2000 * 0.022 = 44
Putting the money in an online savings account will earn him 4.85% annual interest
Interest earned in online account = 2000 * 4.85% = 2000 * 0.0485 = 97
He will be charged $3 every time he makes an ATM withdrawal.
In online account, the interest is 97 . If he withdraws 18 times then
Total ATM fee is 18 * 3= 54 . so 97 - 54 = 43
43 is lower than 44 that is interest of local account.
Therefore, 18 ATM withdrawals make local savings account to be a better deal than the online savings account every year.
