The answer is
ILOVEMADONNA
Do you need work?
Answer:
$1250
Step-by-step explanation:
The loan can be made for up to ...
0.80 × $72,250 = $57,800
For a selling price of $73,500, the amount not funded by the loan will be ...
$73,500 -57,800 = $15,700
This is more than the buyer has saved by ...
$15,700 -14,450 = $1,250
The buyer will need $1250 in additional funds.
Answer:
A - (4, –1.5)
Step-by-step explanation: Hope it helps :D
9514 1404 393
Answer:
$3400
Step-by-step explanation:
The way these tax tables are structured, you pay 3% on the first $10,000, 5% on the next $40,000, and 5.5% on the remaining $20,000 above $50,000.
tax = 0.03·10,000 +0.05·(50,000 -10,000) +0.055·(70,000 -50000)
= 300 + 2000 +1100
= 3400 . . . dollars
The tax owed on $70,000 is $3,400.
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<em>Additional comment</em>
I like to rewrite this sort of table to a different format:
- 3% of income . . . . . . . . . . . . . . . applies for income ≤ 10,000
- (5% of income) -$200 . . . . . . . . applies for 10,000 < income ≤ 50,000
- (5.5% of income) -$450 . . . . . . .applies for 50,000 < income ≤ 100,000
For an income of $70,000, the tax computation using this form is one multiplication and one addition, rather than 3 multiplications and 4 additions as used when navigating the given table.
