Bought: 1,000 x $2 each = $2,000
Sold: 1,000 x $10 = $10,000
Profit = 10,000 - 2,000 = $8,000
Ordinary tax rate is used if they held the stocks for less than 1 year.
Since he had the stocks for 2 years only capital gain tax is used.
Capital gains tax is on the profit:
8,000 x 0.15 = 1200
Total taxes = $1,200
Answer: 12 inches to 1 foot.
Step-by-step explanation: Well, there is 12 inches in 1 foot, so the last one if I'm not mistaken. knowing this, 100 / 12 = 8.33
100 inches per minute converts to 8.33 feet per minute.
Answer:
b. 3/1 c. -1/3
Step-by-step explanation:
When a line is parallel to another they don't intersect and instead go in the same direction. Therefore they have the same slope
b. 3/1
When a line is perpendicular it has to be the negative reciprocal. This means that it you have to flip the numbers in the fraction and make it negative (unless it is already negative, then it becomes positive)
c. -1/3
Answer:
He can buy 3 outfits
Step-by-step explanation:
Total: $640
New Bicycle: $356.89
Reflector(2)=$16.70(each)
Gloves:$27.47
First, we calculate the amount left.
Amount=total - (new bicycle + reflector * 2 + gloves)
Amount=$640 - ($356.89 + $16.70 * 2 + $27.47)
Amount=$640 - ($356.89 + $33.40 + $27.47)
Amount=$640 - $417.76
Amount=$222.24
An outfit costs $74.08 and he plans to buy x outfits.
The inequality is as follows:
$74.08x <_(less than or equal to) $222.24
The amount spent on outfits cannot exceed $222.24.
Divide both sides by $74.08.
$74.08x <_ $222.24
/$74.08 /$74.08
X <_ 3
To stay within budget, Eli can buy exactly 3 outfits on top of everything else.
6t^-7 * 3t^5 = 1/6t^7 * 3t^5