Apply the "FOIL" method here. (m+1)(m+1) = m^2 + 1m + 1m + 1, or m^2 + 2m + 1.
Multiply his AGI by 7.5% to find the amount medical needs to meet before deducting:
46,000 x 0.075 = $3,450
He can deduct any amount over $3450.
Subtract that from his medical total to find the amount he can deduct:
5800 - 3450 = 2350
He can deduct $2,350.
<span>Go up to 4 on the y axis, and then go up 2 and over 1, then graph.
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