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Komok [63]
2 years ago
8

Meredith earns 17.00 per hours at her job. She works 40 hours Per week and gets paid every two weeks. Meredith pays 1/4 of each

paycheck in taxes. If Meredith earns a 10% raise in her hourly pay how much more will she pay in taxes
Mathematics
1 answer:
Dennis_Churaev [7]2 years ago
7 0

Answer:

34

Step-by-step explanation:

Amount earned per hour = 17.00

Total hours worked = 40 hours

per week

Total amount earned in two weeks = 2(17.00 × 40)

= 2(680)

= 1,360

Tax = 1/4 of her paycheck

= 1/4 × 1,360

= 1,360/4

= 340

If Meredith earns a 10% raise in her hourly pay

Amount earned per hour = 10% of 17.00 + 17.00

= 0.1 × 17.00 + 17.00

= 1.7 + 17.00

= 18.7

Total hours worked = 40 hours

per week

Total amount earned in two weeks = 2(18.7 × 40)

= 2(748)

= 1,496

Tax = 1/4 of her paycheck

= 1/4 × 1,496

= 1,496/4

= 374

how much more will she pay in taxes

= 374 - 340

= 34

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2 years ago
Walter invests $100,000 in an account that compounds interest continuously and earns 12%. How long will it take for his money to
prohojiy [21]

Answer:

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Now we can apply natural logs on both sides;

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And then the value of t would be:

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And rounded to the nearest tenth would be 9.2 years.

Step-by-step explanation:

For this case since we know that the interest is compounded continuously, then we can use the following formula:

A =P e^{rt}

Where A is the future value, P the present value , r the rate of interest in fraction and t the number of years.

For this case we know that P = 100000 and r =0.12 we want to triplicate this amount and that means A= 300000 and we want to find the value for t.

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And then the value of t would be:

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5 0
3 years ago
Hi,
lyudmila [28]

Here I have answered your question. Hope this helps. pls give brainliest if possible. tks. Have a nice day!!

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3 years ago
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