The amount that Tonja will save in Federal Income and FICA Taxes if she has her childcare expenses deducted from her check before taxes is: $26.17
<h3>What is Federal Income Tax?</h3>
Federal Income Tax is a tax that is levied by the Federal Government and most states in the United States of America. It comprises of 7 tax rates.
<h3>What is FICA Tax?</h3>
FICA Tax is a Federal Insurance Contributions Act Tax. This tax is levied on every payroll of employees to fund Social Security and Medicare programs. This is divided into two parts:
- Social Security Tax which is 6.2% and
- Medicare Tax which is 1.45%. The total is 7.65%
How to calculate Tonja's Tax before deduction
Federal Tax rate first level is 10% on 0$ - $19,900.
1) Hence, the first tax is 10% on $600, which is $60
2) The next tax is FICA. This is applied to the Gross Pay of $600.
Applying both taxed under FICA we have 7.65% * $600 = $45.9
Total Tax before a deduction is:
$60 + $45.9 = $105.6
The Tax Payable if childcare expenses is deducted first will be:
10% on $450 = $45
7.65% on $450 = $34.43
Total = $79.43
Hence the tax savings will be:
105.6 - 79.43 = $26.17
Learn more about FICA Tax at:
brainly.com/question/3214345
Answer:
sum(2^(n+1), for n=1 to 6)
Step-by-step explanation:
To answer this question, you need to know two things:
- what is an expression for the n-th term
- how many terms are there
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The series shown is a geometric series with first term 4 and common ratio 8/4 = 2. The generic form of the n-th term is ...
an = a1×r^(n-1) . . . . first term a1, common ratio r
You can use this form directly in your summation expression, or you can simplify it a bit.
an = 4×2^(n-1) = (2^2)(2^(n-1)) = 2^(n-1+2)
an = 2^(n+1)
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The value 128 is 2^7, so n+1 = 7, or n=6 for that term
Your summation expression could be ...

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<em>Additional comment</em>
The n-th term can also be written as 2×2^n.
Answer:
555553338.99991453384857582
Answer:
Smaller x: 1.20
Larger x: 5
Step-by-step explanation:
The zeros of a function h(x) are the values of x for whom h equals zero.
So, in your problem, we have
h (x) = (-4x -5)(-x +5)
h(x) = 0 when either(-4x+5) = 0 or (-x +5) = 0. So, we solve for both cases
Case 1
-4x+5 = 0
-4x = -5 *(-1)
4x = 5
x = 5/4
x = 1.20
Case 2
-x +5 = 0
-x = -5 *(-1)
x = 5