There you go:), hope was helpful
Answer:
$300 was deducted from tax. The tax rate is 26.1%
Step-by-step explanation:
An employee earns a gross pay of $1,200.00 per week. The employee’s net pay is $850.00. The employee’s voluntary 401(k) contribution is $50.00 per month.
There was blank deducted for taxes. The tax rate is blank
Solution:
Contributions that are made for retirement such as 401(k) contribution plans are made on a pretax basis. This means that they are removed from your taxable income, thereby reducing the tax.
Gross pay = $1200
Taxable income = Gross pay - 401(k) contribution
Taxable income = $1200 - $50 = $1150
Net pay = $850
Tax = Taxable income - Net pay
Tax = $1150 - $850
Tax = $300
Tax rate = (Tax / taxable income) * 100%
Tax rate = ($300 / $1150) * 100% = 26.1%
9514 1404 393
Answer:
Step-by-step explanation:
Let x represent the amount invested at 9%. Then 7000-x was invested at 4% and the interest earned was ...
9%·x +4%(7000-x) = 430
5%·x +280 = 430 . . . . . . . . . simplify
0.05x = 150 . . . . . . . . . . . subtract 280
x = 3000 . . . . . . . . . . divide by 0.05
$3000 was invested at 9%; $4000 was invested at 4%.
Answer:
-2
Step-by-step explanation:
rise over run is 2/1 and y is decreasing as x is increasing so its negative
The cook do not have enough flour. He only has 2.67 cups of flour while the recipe needs 2.75 cups of flour. Therefore, he needs 0.08 more cups of flour in order to have enough for the recipe. Hope this answers the question. Have a nice day.
