Answer:
$300 was deducted from tax. The tax rate is 26.1%
Step-by-step explanation:
An employee earns a gross pay of $1,200.00 per week. The employee’s net pay is $850.00. The employee’s voluntary 401(k) contribution is $50.00 per month.
There was blank deducted for taxes. The tax rate is blank
Solution:
Contributions that are made for retirement such as 401(k) contribution plans are made on a pretax basis. This means that they are removed from your taxable income, thereby reducing the tax.
Gross pay = $1200
Taxable income = Gross pay - 401(k) contribution
Taxable income = $1200 - $50 = $1150
Net pay = $850
Tax = Taxable income - Net pay
Tax = $1150 - $850
Tax = $300
Tax rate = (Tax / taxable income) * 100%
Tax rate = ($300 / $1150) * 100% = 26.1%
Answer:
16428 oranges
Explanation:
Total yield = number of trees × number of oranges in each tree
Initial yield = 600×24= 14400 oranges
To find the equation needed, let x = additional trees and y= total yield
Number of trees = 24 +x
Number of oranges in each tree = 600-12x
Equation of total yield y= (24+x)(600-12x)
y= 14400-288x+600x-12x²
y= -12x²+312x+14400
Using a graphing calculator, from the graph drawn for this quadratic equation, we notice that it is a parabola. Therefore to find the maximum value, we should find the maximum point which is at the vertex of the parabola, we use the formula x= -b/2a
A quadratic equation is such: ax²+bx+c
Therefore x =-312/2×-12
x= -312/-24
x= 13
So we can conclude that in order to maximise oranges from the trees, the person needs to plant an additional 13 trees. Substituting from the above:
24+x=24+13= 37 trees in total
y= -12x²+312x+14400= -12×13²+312×13+14400= -2028+4056+14400
=16428 oranges in total yield
Answer:
85000/100*10.5 = $8925
Step-by-step explanation:
N/A
Answer:
The minimum sample size required to create the specified confidence interval is 2229.
Step-by-step explanation:
We have that to find our
level, that is the subtraction of 1 by the confidence interval divided by 2. So:

Now, we have to find z in the Ztable as such z has a pvalue of
.
So it is z with a pvalue of
, so 
Now, find the margin of error M as such

In which
is the standard deviation of the population and n is the size of the sample.
What is the minimum sample size required to create the specified confidence interval
This is n when 





Rounding up
The minimum sample size required to create the specified confidence interval is 2229.
<span>Compound
interest formula</span>

Where
<span>
A= Future value
P =
the Principal (the initial amount of money)
r = annual interest rate</span>
t = time
<span>n=
number of times compounded in one t
Remark
----------------------------------------------------------------------------------
r is generally a percentage like 3%, 7% etc and
are applied in the formula as 0.03, 0.07...,
the interest is compounded generally annually (
n=1), quarterly (
n=4),
monthly (
n=12), etc...
t is in years,
In our problem:
</span>
A= 30 000
P =20 000
r = 15%=0.15
time = t = ?
n= 4
applying the formula:



75% of 12 months is 3/4 of 12 months, which is 9 months
Answer: 2 years, 9 months