Answer:
So, the odds that a taxpayer would be audited 28 to 972 or 2.88%
Step-by-step explanation:
Given
Let P(A) = Probability of irs auditing
P(A) = 2.8%
Let n = number of those who earn above 100,000
To get the odds that taxpayer would be audited, we need to first calculated the proportion of those that will be audited and those that won't.
If the probability is 2.8% then 2.8 out of 100 will be audited. That doesn't make a lot of sense since you can't have 2.8 people; we multiply the by 10/10
i.e.
Proportion, P = 2.8/100 * 10/10
P = 28/1000
The proportion of those that would not be audited is calculated as follows;
Q = 1000 - P
By substituton
Q = 1000 - 28
Q = 972
So, the odds that a taxpayer would be audited 28 to 972 or P/Q
P/Q = 28/972
= 0.0288065844
= 2.88% --- Approximately
Answer:
a; she will have $8812
b: It will be enough for her trip
Step-by-step explanation:
In this question, we are tasked with calculating how much a certain value in a savings account that is earning an interest that is compounded annually will be worth.
To calculate this, we use the compound interest formula;
A = P(
Where A is the amount after that number of years which of course we want to calculate
P is the principal amount which is the amount we are investing which is $6439 according to the question
r is the interest rate which is 4% = 4/100 = 0.04
t is the time which is 8 years
n is 1 which is the number of times interest will be compounded annually
We plug these values as follows;
A = 6439(1 + 0.04/1)^8
A = 6439(1.04)^8
A = $8,812.22
This amount is greater then the needed $8,500 for the trip and of course it will be enough
Answer:
The kitchen drawing is 48 millimeters long.
Let's break down all the information we receive from the question.
One pair of shoes= three times as much as a scarf
One pair of shoes and one scarf= $32
We need to make an equation where 3s= pair of shoes and s=scarf. We then need to put one pair of shoes + one scarf = 32.
3s+s=32
Now add.
4s=32
You could use 4s=32 (or 32÷4=s).
