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Grace [21]
3 years ago
7

Most people know that social security and medicare taxes are deducted from their paychecks. As a new restaurant owner, you learn

that you have to match these payments as the employer. You have budgeted a yearly payroll of $500,000. The taxes are 6.25% for social security and 1.4% for medicare. What will your yearly payroll really cost you with these taxes added?
Mathematics
1 answer:
vredina [299]3 years ago
7 0

Answer:

The yearly payroll will cost the employer $538,250.

Step-by-step explanation:

a) Data and Calculations:

Budgeted payroll = $500,000

Social security tax rate = 6.25%

Medicare tax rate = 1.4%

Social security tax = $31,250 ($500,000 * 6.25%)

Medicare tax amount= $7,000 ($500,000 * 1.4%)

Total taxes amount = $38,250

The total yearly payroll cost should be put at $538,250 ($500,000 + 38,250).  This means that as the employees pay taxes amounting to $38,20, the employer will also pay matching taxes amounting to $38,250.

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Simplify the expression.
Sloan [31]
1) 16n - 5
2) 4a + 3b
3) -3c + 27 + 4d
4) 2x - 7y + 3
5) 21x + 14x(second power)

5 0
3 years ago
A survey report states that 70% of adult women visit their doctors for a physical examination at least once in two years. If 20
irakobra [83]

Answer:

a) 0.3921 = 39.21% probability that fewer than 14 of them have had a physical examination in the past two years.

b) 0.107 = 10.7% probability that at least 17 of them have had a physical examination in the past two years.

Step-by-step explanation:

For each women, there are only two possible outcomes. Either they visit their doctors for a physical examination at least once in two years, or they do not. The probability of a woman visiting their doctor at least once in this period is independent of any other women. This means that we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

70% of adult women visit their doctors for a physical examination at least once in two years.

This means that p = 0.7

20 adult women

This means that n = 20

(a) Fewer than 14 of them have had a physical examination in the past two years.

This is:

P(X < 14) = 1 - P(X \geq 14)

In which

P(X \geq 14) = P(X = 14) + P(X = 15) + P(X = 16) + P(X = 17) + P(X = 18) + P(X = 19) + P(X = 20)

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 14) = C_{20,14}.(0.7)^{14}.(0.3)^{6} = 0.1916

P(X = 15) = C_{20,15}.(0.7)^{15}.(0.3)^{5} = 0.1789

P(X = 16) = C_{20,16}.(0.7)^{16}.(0.3)^{4} = 0.1304

P(X = 17) = C_{20,14}.(0.7)^{17}.(0.3)^{3} = 0.0716

P(X = 18) = C_{20,18}.(0.7)^{18}.(0.3)^{2} = 0.0278

P(X = 19) = C_{20,19}.(0.7)^{19}.(0.3)^{1} = 0.0068

P(X = 20) = C_{20,20}.(0.7)^{20}.(0.3)^{0} = 0.0008

So

P(X \geq 14) = P(X = 14) + P(X = 15) + P(X = 16) + P(X = 17) + P(X = 18) + P(X = 19) + P(X = 20) = 0.1916 + 0.1789 + 0.1304 + 0.0716 + 0.0278 + 0.0068 + 0.0008 = 0.6079

P(X < 14) = 1 - P(X \geq 14) = 1 - 0.6079 = 0.3921

0.3921 = 39.21% probability that fewer than 14 of them have had a physical examination in the past two years.

(b) At least 17 of them have had a physical examination in the past two years

P(X \geq 17) = P(X = 17) + P(X = 18) + P(X = 19) + P(X = 20)

From the values found in item (a).

P(X \geq 17) = P(X = 17) + P(X = 18) + P(X = 19) + P(X = 20) = 0.0716 + 0.0278 + 0.0068 + 0.0008 = 0.107

0.107 = 10.7% probability that at least 17 of them have had a physical examination in the past two years.

6 0
2 years ago
Plz help ill give u brainlist
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The problem tells you that a circle with radius 21 inches is painted in two colors. The two colors cover equal areas, so each color is half the area of the circle. You need to find half of the area of the circle. To do that, use the formula for the area of a circle, and then divide by 2.

A = \pi r^2

A = 3.14 \times 21~ inches \times 21~inches

A = 1384.74~square ~inches

Half the circle has area 1384.74 square inches / 2 = 692.37 square inches.

Answer: Each color covers 692.37 square inches.
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19 A triangle has coordinate points at A 1, 3) B(3, 6) and C(3, 3). What is distance between of AC? (8 Points)​
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Answer:

4 I think

Step-by-step explanation:

hope this help's

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3 years ago
How much water does Andrew save (PLS HURRY 100 POINTS)
BlackZzzverrR [31]

Answer:

standard showerhead in Andrew's house dispenses 8 gallons of water per minute. Andrew changed this shower head to an energy-saving one. The equation shows the amount of water dispensed, y, as a function of the number of minutes, x, for the new shower head.

y = 3x

6 0
2 years ago
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