Answer:
y= - 1/2 x-2 ( SEE IMAGE BELOW)
Step-by-step explanation:
FYI you can use the app photo math, you just take a pic of the problem and it gives you the answer and explains the steps and it is free.
Answer: 4 years after the original investment, it is approximately $1,093.
Step-by-step explanation:
Hi, to answer this question we have to apply the simple interest formula:
I = p x r x t
Where:
I = interest
P = Principal Amount
r = Interest Rate (decimal form)
t= years
Replacing with the values given
I = 1000x (2.25/100) x t
- It will triple in approximately 3 years. FALSE
I = 1000x (2.25/100) x 3 =67.5
1000+67.5 = 1067.5
- It will no longer grow after several years: False, it will grow because it has a growth rate.
- 4 years after the original investment, it is approximately $1,093. TRUE
I = 1000x (2.25/100) x 4 =90
1000+90 = $1090
- It will double in approximately 10 years.
I = 1000x (2.25/100) x 10 =225
1000+90 = $1225
Feel free to ask for more if needed or if you did not understand something.
The amount that Tonja will save in Federal Income and FICA Taxes if she has her childcare expenses deducted from her check before taxes is: $26.17
<h3>What is Federal Income Tax?</h3>
Federal Income Tax is a tax that is levied by the Federal Government and most states in the United States of America. It comprises of 7 tax rates.
<h3>What is FICA Tax?</h3>
FICA Tax is a Federal Insurance Contributions Act Tax. This tax is levied on every payroll of employees to fund Social Security and Medicare programs. This is divided into two parts:
- Social Security Tax which is 6.2% and
- Medicare Tax which is 1.45%. The total is 7.65%
How to calculate Tonja's Tax before deduction
Federal Tax rate first level is 10% on 0$ - $19,900.
1) Hence, the first tax is 10% on $600, which is $60
2) The next tax is FICA. This is applied to the Gross Pay of $600.
Applying both taxed under FICA we have 7.65% * $600 = $45.9
Total Tax before a deduction is:
$60 + $45.9 = $105.6
The Tax Payable if childcare expenses is deducted first will be:
10% on $450 = $45
7.65% on $450 = $34.43
Total = $79.43
Hence the tax savings will be:
105.6 - 79.43 = $26.17
Learn more about FICA Tax at:
brainly.com/question/3214345
Answer:
slope = 1
Step-by-step explanation:
Calculate the slope m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (2, 3) and (x₂, y₂ ) = (- 1, 0)
m =
=
= 1