Bro can someone help me plz
2 answers:
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Answer:
(a) Ebony's taxable income = $42,540
(b) Amount of tax due = $5190.3
(c) Amount of tax owed = $4810.3
Step-by-step explanation:
Ebony's gross income = $46,660 (given)
Allowable tax deductions = $4,120 (given)
(a) Taxable Income = Gross income - Tax deductions
Ebony's taxable income = $46,660 - $4,120
Ebony's taxable income = $42,540
(b) Amount of tax due = 22% of Taxable Income,
Refer to the USA Tax Brackets for 2019 (See Attached image)
Amount of tax due = 10% on first $9,700 + 12% on ($39475-$9700) + 22% on ($42540-$39475).
Amount of tax due = 10% on first $9,700 + 12% on $29775 + 22% on $3065.
Amount of tax due = $970 + $3573 + $647.3
Amount of tax due = $5190.3
(c) Ebony pays $95 per week in tax. In four weeks (a month), she'd pay
$95 * 4 = $380
Amount of tax owed = Amount of tax due - Amount of tax paid
Amount of tax owed = $5190.3 - $380 = $4810.3
Answer:
Step-by-step explanation:
If an exponential function is in the form of y = a(b)ˣ,
a = Initial quantity
b = Growth factor
x = Duration
Condition for exponential growth → b > 1
Condition for exponential decay → 0 < b < 1
Now we ca apply this condition in the given functions,
1).
Here, (1 + 0.45) = 1.45 > 1
Therefore, It's an exponential growth.
2).
Here, (0.85) is between 0 and 1,
Therefore, it's an exponential decay.
3). y = (1 - 0.03)ˣ + 4
Here, (1 - 0.03) = 0.97
And 0 < 0.97 < 1
Therefore, It's an exponential decay.
4). y = 0.5(1.2)ˣ + 2
Here, 1.2 > 1
Therefore, it's an exponential growth.