Answer:
Step-by-step explanation:
D
C (t)= 273 (0.02)t
Answer:
12in
Step-by-step explanation:
2r = 24
r = 12
$ 2772 is paid in state income tax
<em><u>Solution:</u></em>
Given that, Tina lives in a state that charges her 4.5% state income tax on her federal taxable income
Federal taxable income = $61,600
<em><u>To find: Amount paid by Tina in state income tax</u></em>
Tax rate = 4.5 %
<em><u>Which means, 4.5 % of $61,600 is paid as tax</u></em>

Here, "of" means multiplication or product

Thus $ 2772 is paid in state income tax
A
2,000×(1+0.085×10)
=3,700
B
2,000×(1+0.08)^(10)
=4,317.85
Bank B is the better investment. In 10 years, her $2,000 will grow to $4,317.85, and with bank A, her $2,000 will grow to $3,700