What are the common factors of 16 and 24?
1 answer:
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Hi there!
• Principle amount, P = $ 7, 250
• Rate of interest, r = 12 %
• No. of weeks in an year, n = 52
• Time period, t = 10 years
Aₜ = P [ 1 + (
) ] ᴺ ˣ ᵀ
A₁₀ = 7, 250 [ 1 + (
) ] ⁵² ˣ ¹⁰
Simplifying :-
A₁₀ = $ 24,037.59
Hence,
Option [ 1. ] - $ 24,037.59 is Correct
~ Hope it helps!
• Principle amount, P = $ 7, 250
• Rate of interest, r = 12 %
• No. of weeks in an year, n = 52
• Time period, t = 10 years
Aₜ = P [ 1 + (
A₁₀ = 7, 250 [ 1 + (
Simplifying :-
A₁₀ = $ 24,037.59
Hence,
Option [ 1. ] - $ 24,037.59 is Correct
~ Hope it helps!
Given
Erin Lytle's gross pay is $26,300
She takes a married exemption of $4,000
state income tax rate is 5.5%
Find out she pay in state income tax
To proof
Gross pay = $26,300
married exemption = $4,000
Let the she pay in state income tax = x
5.5 % written in the simpler form
=
= 0 .055
than the equation becomes
x = 0.055 ( 26300 - 4000)
x = 0.055× 22300
x = $1226.5
Erin Lytle pay in state income tax is $ 1226.5
Hence proved