Answer:
2.9802322e+17
Step-by-step explanation:
The tax bracket and tax-free yield will be (18%, 3%) < (32%, 3%) < (32% , 4%) < (22% , 5%) < (24% , 6%) .
<h3>
Taxable equivalent yield based problem:</h3>
The taxable equivalent yield will be:
= Tax-free yield / (100 - Tax bracket)
Taxable equivalent yield = 3 / (100 - 18) = 0.03659
Taxable equivalent yield = 6 / (100 - 24) = 0.07895
Taxable equivalent yield = 3 / (100 - 32) = 0.04412
Taxable equivalent yield = 5 / (100 - 22) = 0.06410
Taxable equivalent yield = 4 / (100 - 32) = 0.05882
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The solution to the systems of equations is (7, 3)
Given the systems of equations expressed as:
-x + 4y = 5 ....................1
x - 5y = -2 ...................... 2
Add both equations to have:
-x+x + 4y - 5y = 5 - 2
4y-5y = -3
-y = -3
y = 3
Substitute y = 3 into equation 1:
-x + 4(3) = 5
-x + 12 = 5
-x = 5 - 12
-x = -7
x = 7
Hence the solution to the systems of equations is (7, 3)
Learn more on simultaneous equations here: brainly.com/question/148035
Answer:
$16
Step-by-step explanation: I did the math in the comments.
