3 years ago

Nicholas earned 8% in his savings account. if he is in the 28% tax bracket, what is his after-tax savings rate of return?

1 answer:

5 0

If Nicholas is going to pay 28% in taxes of the 8% interest he is earning, then his net percentage would be 72% of the 8%.

To determine this overall rate of return multiply 0.72 x 0.08.

0.72 x 0.08 = 0.0576 or 5.76 % rate of return.

You might be interested in

5a+4b=65 elimination substitute and check

SIZIF [17.4K]

Answer:

a=13 - 4b/5

b=65/4-5a/4

Step-by-step explanation:

4 0

2 years ago

Please please help with this question , you will get 10 points if you answer this question, don’t get bothered with 1 point writ

bazaltina [42]

Answer:

11.7

Step-by-step explanation:

pls follow me and !ark as brainliest and follow me to get free points to all your answer's

6 0

3 years ago

Read 2 more answers

72/60 in simplest form

Bogdan [553]

The common number is 6.
72/6=12
60/6=10
12/10
simplify that, it is 6/5

7 0

3 years ago

For each example, select the type of transformation shown. Then write if the figures are similar or congruent in the space provi

Pavel [41]

Answer:

i got them right

Step-by-step explanation:

A is translated and congruent

B is dilated and similar

C is reflected and congruent

depending on how your quiz is when is say and then a word like "congruent" that word is the one you type in and the other word translated,dilated and reflected is from the drop down bar. any questions on how this is set up

6 0

2 years ago

How do you find a cordinate on the cordinat plane?

WINSTONCH [101]

First u locate the bottom part of the coordinate is the x axsis so look for the first number than u go up the y axsis then u look for the number so u plot

4 0

3 years ago

Read 2 more answers