1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adoni [48]
3 years ago
11

Malliki Williams earned a $48,000 from royalties on her cookbook.She paid a 28% income tax on these royalties. The balance wasin

vested in two ways, some of it at 3.25% interest and some at1.75%. The investments produced $904.80 interest per year. Find theamount invested at each rate.
Please explain in detail
Mathematics
1 answer:
Nikitich [7]3 years ago
4 0

Answer:

$20000 and $14560

Step-by-step explanation:

First, we need to get the total tax paid by Malliki Williams

To get that, we have to multiply her income tax (28%) by total royalties ($48000)

28% of $48000 = $13440

Balance after tax = $48000 - $13440

Balance = $34560

She invested some of the balance ($34560) at the rate of

3.25% ---- First investment

1.75% --- Second investment

Assume her first investment is x dollars

Definitely, her second investment would be $34560 - x

3.25% of x + 1.75% (34560 - x ) = 904.8

0.0325x + 0.0175(34560-x) = 904.8 ----- Open the bracket

0.0325x + 604.8x - 0.0175x = 904.8 ------ Collect like terms

0.0325x -0.0175x =904.8 - 604.8

0.015x = 300 ------ Divide both sides by 0.015

x = 300/0.015

x = 20000

Remember that x represents her first investment

Her second investment is $34560 - $20000 =$14560

You might be interested in
A study of immunizations among school‑age children in California found that some areas had rates of unvaccinated school‑age chil
Rom4ik [11]

Answer:

Probability that none of the 20 children in such a classroom would be unvaccinated is 0.055.

Step-by-step explanation:

We are given that a classroom of 20 children in one such area where 13.5% of children are unvaccinated.

If there are no siblings in the classroom, we are willing to consider the vaccination status of the 2020 unrelated children to be independent.

The above situation can be represented through binomial distribution;

P(X=r) = \binom{n}{r} \times p^{r} \times (1-p)^{n-r} ; x = 0,1,2,3,......

where, n = number of trials (samples) taken = 20 children

            r = number of success = none of the 20 children

            p = probability of success which in our case is probability that

                   children are unvaccinated, i.e; p = 13.5%

<u><em>Let X = Number of children that are unvaccinated</em></u>

So, X ~ Binom(n = 20, p = 0.135)

Now, Probability that none of the 20 children in such a classroom would be unvaccinated is given by = P(X = 0)

           P(X = 0)  =  \binom{20}{0} \times 0.135^{0} \times (1-0.135)^{20-0}

                          =  1\times 1 \times 0.865^{20}

                          =  0.055

<em>Hence, the probability that none of the 20 children in such a classroom would be unvaccinated is 0.055.</em>

8 0
4 years ago
WHICH ANSWER GOES WHERE ON THE NUMBER LINE ? I will give 11 points and brainliest!!!
anzhelika [568]
I don't know what your asking
8 0
3 years ago
Read 2 more answers
What is the mean for the numbers 16 12 18 17 16 8 7 2
OleMash [197]
=12
u add all the number together and divide by how many numbers there are :)
6 0
3 years ago
Read 2 more answers
A line has a slope of -1 and contains the points (1, 2) and (2, y). The value of y is
Salsk061 [2.6K]

\bf (\stackrel{x_1}{1}~,~\stackrel{y_1}{2})\qquad (\stackrel{x_2}{2}~,~\stackrel{y_2}{y}) \\\\\\ slope = m\implies \cfrac{\stackrel{rise}{ y_2- y_1}}{\stackrel{run}{ x_2- x_1}}\implies \cfrac{y-2}{2-1}=\stackrel{\stackrel{slope}{\downarrow }}{-1} \\\\\\ \cfrac{y-2}{1}=-1\implies y-2=-1\implies y=1

4 0
3 years ago
Read 2 more answers
8 divided by 5thirds
Igoryamba

Answer:

if you mean 8 devided by 5/3 then the answer is 4.8 :)

Step-by-step explanation:

7 0
3 years ago
Other questions:
  • The two legs of a right triangle are the same length. The hypotenuse is 6 meters long. Find the length of the legs. Express your
    9·1 answer
  • Qing attached a dog ramp to her bed, which allows her dog to easily climb onto the mattress. The ramp is 48 inches long. The bas
    6·1 answer
  • What is 70% of 63 please answer my question
    9·2 answers
  • Which of the following could be equal to -[x] ? Select all that apply.
    13·2 answers
  • A wheel contains eight slices, numbered sequentially 1 through 8. The probability of landing on each slice is equal. If the whee
    13·1 answer
  • who has the power in the united states to declare war? president the senate secretary of state congress
    15·2 answers
  • a 5-liter cleaning solution contains 30% bleach. a 3-liter cleaning solution contains 50% bleach. what percent of bleach obtaine
    6·1 answer
  • A ball is dropped from the top of a building 96ft y’all how long will it take to fall
    6·1 answer
  • If yall can answer this correctly, ill give you extra pointssss!
    5·1 answer
  • I neeeeeeeeeeeeeeeeeeeeeeed heeeeeeeeeeeeeeelp will give brainliest.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!