Answer:
short
Step-by-step explanation:
Answer:
Option B. $5737.62
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute
Answer:
It would really depend on what the number is and HOW you're dividing it! If you need help, make sure to explain WHAT you're trying to divide.
Step-by-step explanation:
Answer:
A = 2000(1.04)^t
Step-by-step explanation:
Using the compound interest formula;
A = P(1+r)^t
P is the principal = $2000
r is the rate = 4% = 0.04
On substituting
A = 2000(1+0.04)^t
A = 2000(1.04)^t
Hence the required expression is A = 2000(1.04)^t
Answer:
$198,000
Step-by-step explanation:
Since Mr. and Mrs. Suralbo are married and filing jointly, they would fall into the tax slab of 35% as their taxable income ranges between $414,701 to $622,050.
Taxable income = $568,986
Tax rate = 35%
Income tax due = $568,000 * 35/100
= $198,000
Thus, the income tax due for Mr. and Mrs. Suralbo would be $198,000.
