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Karolina [17]
3 years ago
11

Axel lives in Virginia and makes $54,000 a year. If the median annual income in Virginia is $61,233 and the median annual income

in the United States as a whole is $50,233, is Axel likely to qualify for Chapter 7 bankruptcy?
Mathematics
2 answers:
Natalka [10]3 years ago
3 0

Answer:

The answer is Yes Axel will qualify for chapter 7 bankruptcy.

Step-by-step explanation:

To qualify for a Chapter 7 bankruptcy, the debtor must earn less than the state median income on a monthly basis. Here it is given that Axel lives in Virginia and makes $54,000 a year. The median annual income in Virginia is $61,233. So, Axel is earning less than the median income. Hence, he will qualify for chapter 7 bankruptcy.

Dmitriy789 [7]3 years ago
3 0

Answer:

yes, axel is likely to qualify, because his yearly income is below the median annual income of virginia

Step-by-step explanation:

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The population of a country was increased in the past 4 years. The annual presentage increases are 20%,25%,30%,10% respectively.
Vladimir79 [104]

The answer is 114.5%.

Let the original population be denoted by x.

Now, let's go through the percentage increase per year.

<u>Year 1</u>

  • x (1 + 20%)
  • x (1.2)
  • 1.2x

<u>Year 2</u>

  • 1.2x (1 + 25%)
  • 1.2x (1.25)
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<u>Year 3</u>

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<u>Year 4</u>

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Overall increase : 214.5% - 100% = 114.5%

Hence, the overall percentage increase in these 4 years is 114.5%.

7 0
2 years ago
Simplify: (2^2 + 3^4)−^2
Lisa [10]

\bf ~\hspace{7em}\textit{negative exponents} \\\\ a^{-n} \implies \cfrac{1}{a^n} ~\hspace{4.5em} a^n\implies \cfrac{1}{a^{-n}} ~\hspace{4.5em} \cfrac{a^n}{a^m}\implies a^na^{-m}\implies a^{n-m} \\\\[-0.35em] \rule{34em}{0.25pt}\\\\ (2^2+3^4)^{-2}\implies (4+81)^{-2}\implies 85^{-2}\implies \cfrac{1}{85^2}\implies \cfrac{1}{7225}

5 0
3 years ago
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Where does the graph of the line y = x - 2 intersect the x-axis?
Shkiper50 [21]

Answer:

Where does the graph of the line y = x - 2 intersect the x-axis?

O A. (0, 2)

O B. (2,0)

O C. (0, -2)

0 D. (-2, 0)

C. ( 0 , -2 )

Step-by-step explanation:

I hope this helps

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3 0
3 years ago
Need help with 3 and 4 consumer math plz
ratelena [41]

Answer:

3) C) $792.50

4) D) $707.50

Step-by-step explanation:

3) Home price = $ 253,600

Mortgage rate = 3.75% APR

Therefore, monthly rate = 3.75% divide by 12

= 0.0375/12

= 0.003125

1st month interest = principle * 0.003125

= 253600*0.003125

=$792.50

3) Answer: $792.50

4) You paid $1500

The first monthly interest = $792.50

Principal paid in the first month = 1500 - 792.50

= $707.50

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6 0
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dybincka [34]

Answer:

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Step-by-step explanation:

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