The 8 in 8,000 represents 1,000 times what it represents in 8 or 1's place value.
Answer: r= 1.22
Step-by-step explanation:
Formula for amount with simple interest = 
, where
P= principal value , r= rate of interest , t = time.
Given: P= $2000, t= 5 years, r= 1.25% = 0.0125
Formula to compute compound amount : 
When both have same worth then
taking log on both sides , we get
Hence, Value of r= 1.22
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
A plastic skeleton is
Answer: B. a physical model.
The world has lots of different kinds of models. A mathematical model might be a ball travels according to the equation 
. This isn't that. A computer model would be a program that somehow simulates a skeleton in the computer, this isn't that either. Our skeleton is an actual physical model just like a model airplane.
