Answer:
$44,850
Step-by-step explanation:
Gross income is $65,500
Allowable deductions are $2,500
Operating income is $65,500-$2,500=$63,000
From the given tax structure, Veronia will pay 15% for the first $25,000 then 30% for $63,000-$25,000=$38,000
Tax will be (0.15*$25,000)+(0.3*$38,000)=$15,150
Remaining expenses will be $5,500-$2,500=$3,000
Income after tax will be $63,000-$15,150=$47,850
Net income=$47,850-$3,000=$44,850
<u>Ans=$44,850</u>
Answer:
The current price of the unit trust = £13,831.72
Step-by-step explanation:
Since it increased 7% per annum in last three years and decreased by 3% per annum before that, it implies that the unit trust decreased by 3% per annum for the first 2 years and then increased by 7% per annum for the next 3 years in the total 5 year period
The invested after 2 years = 12,000*(1-0.03)^2 = £11,290.8
This amount then grows by 7% for the next 3 years making it = 11,290.80*(1+0.07)^3 = £13,831.7155 = £13,831.72 (Rounded to 2 decimals)
The current price of the unit trust = £13,831.72 (Rounded to 2 decimals)
600/100 as a mixed number would be 6
Answer:
5a+5b
Step-by-step explanation:
Multiply each variable in the parenthesis by the number outside.
Hope this helps.
Answer:
The inequality represented by the graph is y >
x - 3
Step-by-step explanation:
The form of the linear equation is y = m x + b, where
- m is the slope of the line
The rule of the slope is m =
, where
- (x1, y1) and (x2, y2) are two points on the line
<em>To find the inequality represented by the graph, find at first the equation of the line</em>
∵ The line passes through points (0, -3) and (3, -2)
∴ x1 = 0 and y1 = -3
∴ x2 = 3 and y2 = -2
→ Substitute them in the rule of the slope above to find it
∵ m =
=
= 
∴ m = 
→ Substitute it in the form of the equation above
∴ y =
x + b
∵ b is the y-intercept ⇒ value y at x = 0
∵ y = -3 at x = 0
∴ b = -3
→ Substitute it in the equation
∴ y =
x + -3
∴ y =
x - 3
→ Let us change it to inequality
∵ The line is dashed
∵ The shading area is above the line
∴ The sign of inequality should be >
∴ y >
x - 3
∴ The inequality represented by the graph is y >
x - 3