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2 years ago

15

Minnie went to Orlando Bank to get a student loan. She borrowed $700 at a 12% interest rate compounded annually over 2 years. Ho

w much will Minnie have to repay at the end of two years?

1 answer:

Sonbull [250]2 years ago

8 0

Answer:

she have to pay rs.168 at the end of two years

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Solve this equation 2(x+3)=x-4

horrorfan [7]

Answer: The answer is x = -10

5 0

2 years ago

If you are self-employed, you don't have to pay FICA on all your salary, just on 92.35% of it. If your salary is $128,255 what i

Artist 52 [7]

Answer:

The amount that I am required to pay monthly as FICA if my salary remains constant is $18,121.85¢

Step-by-step explanation:

Federal insurance contributions act is a law that mandates all employers of labour to withhold medicare and certain taxes from the wages that are paid to employees or workers. These taxes are remitted to the government later which is then used for the provision of basic amenities and quality health care.

Since, I am only required by law to pay FICA on only 92.35% of my monthly salary, we need to calculate the the actual amount that makes up 92.35 percent of my monthly salary.

If $128,255 is my current monthly salary, then 92.35% of it will be:

92.35/100 × 128,255

= 0.9235 × 128,255

= $118,443.49¢

This is the part of his monthly salary that he is required by law to pay FICA on.

Then, if FICA is 15.3% of a worker's taxable income, then I am required to pay 15.3% of the taxable $118,443.49¢ since I am self employed and mustn't pay it on the entire $128,255 that I earn monthly.

My monthly FICA contribution is then:

15.3/100 × 118,443.49

= 0.153 × 118,443.49

= $18,121.85¢.

Therefore, if my salary remains constant, the amount that I am required by law to pay monthly as FICA is $18,121.85

6 0

3 years ago

Read 2 more answers

Find the difference in length between a walking stick and a bumblebee PLS HELP HURRY

Tanya [424]

Difference between the lengths of walking stick and lengths of bumble bee is $3\frac{4}{8}$ inch.

Solution:

Given data represents the length of the insects.

Length of the walking stick = 4 in

Length of the bumble bee = $\frac{5}{8}$ in

Difference between their length

$$=4-\frac{5}{8}$

$$=\frac{4}{1} -\frac{5}{8}$

To make the denominator same, multiply and divide the first term by 8.

$$=\frac{32}{8} -\frac{5}{8}$

$$=\frac{32-5}{8}$

$$=\frac{27}{8}$

Now, change improper fraction into mixed fraction, we get

$$=3\frac{4}{8}$

Difference between the lengths of walking stick and lengths of bumble bee is $3\frac{4}{8}$ inch.

5 0

3 years ago

Customers arrive at a movie theater at the advertised movie time only to find that they have to sit through several previews and

sergij07 [2.7K]

Answer:

a) sample size is 40

Step-by-step explanation:

(a)

$\sigma=4$ minutes

Margin of error, E is 75 seconds E=75/60= 1.25 minutes.

The level of significance $\alpha= 0.05$ for 95% level of significance

For 95% confidence interval $z_{\frac{\alpha}{2}}=1.96$ from standard deviation table

Sample size required, n

$n=\left (\frac{z_{\frac{\alpha}{2}}\cdot \sigma}{E} \right )^{2}=\left (\frac{1.96\cdot4}{75/60} \right )^{2}=39.337984$

Rounding off, n=40

Sample size =40

Keywords:

95% confidence, sample size, Wall Street Journal

3 0

3 years ago

pls help me with this question. just one! thank you so much to whoever decides to it will make my day a lot ❤️❤️

Yuliya22 [10]

Answer:

2 385/3913

i think..

Step-by-step explanation:

6 0

2 years ago