show me a example please
Step-by-step explanation:
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Answer:
<h2>$4,712.</h2>
Step-by-step explanation:
SECA stands for Self Employed Contributions Act. These taxes are computed from the net earnings, which in this case is $38,000.
The basic rate for SECA taxes is 6.2% for employeer and 6.2% for employee. In the case of people who are self employed, the taxes are double, because they are employee and employeer at the same time.
So, Doug have to pay 12.4% taxes, which is equivalent to
Therefore, the SECA deduction for Doug is $4,712.
So this is using slope-intercept form (y=mx+b)
m is slope and b is the y-intercept
Looking at the graph, the line goes through the y-axis at (0,-5) so -5 is your y-intercept.
The slope of the line can be determine by using "rise over run". Find two points on the graph (I used 0,-5 and 1, -2). Count up from -5 to -2 (you get 3), count over from 0 to 1 (you get 1). Rise over run means that the slope equals 3.
Now, you just have to plug the numbers in.
Slope = 3; y-intercept = -5
y = 3x -5
The answer is A.) Y= 3x - 5
Hope this helps. Lmk if you need any more help :)
Answer:
y=2x-4
Step-by-step explanation: