All categories

2 years ago

Gretchen made $56,750 last year. She paid $1,200 in student loan interest

Mathematics

2 answers:

pochemuha2 years ago

7 0

Answer:

B) AGI

Step-by-step explanation:

<u>Definitions</u>

IRA (Individual Retirement Account)
Standard Deduction: the portion of income not subject to tax that can be used to reduce your tax bill
AGI (Adjusted Gross Income): gross income <u>minus</u> certain <u>adjustments</u>, such as business expenses, student loan interest payments, IRA and other expenses.
Gross income: total income from <u>all</u> sources, including returns, discounts, and allowances, <u>before</u> deducting any expenses or taxes
Taxable income: money <u>earned</u> which is <u>subject to taxation</u> by federal or state authorities.

So as Gretchen has subtracted adjustments of student loan interest and IRA contributions from her gross income, the remaining amount is the AGI.

iVinArrow [24]2 years ago

3 0

Answer:

It's supposed to be Adjustments, but it's not on here so it's D.

You might be interested in

A company that manufactures storage bins for grains made a drawing of a silo. The silo has a conical base, as shown below: The f

Romashka-Z-Leto [24]

The following that could be used to calculate the total volume of grains that can be stored in the silo is π(2 ft)²8 ft + 1/3π(2 ft)²(9.5 ft - 8ft)

To answer the question, we need to know what volume is.

<h3>What is volume?</h3>

This is the capacity of a material or container.

Since the silo is made of a cylindrical and a conical part, we need to find the volume of both parts.

<h3>Volume of cylindrical part.</h3>

So, the volume of the cylindrical part V = πr²h where

r = radius of cylidrical part = 4 ft/2 = 2 ft and
h = length of cylindrical part = 8 ft.

So, V = πr²h

V = π(2 ft)²8 ft

<h3>Volume of the conical part</h3>

The volume of the conical part is given by V' = 1/3πr²h where

r = radius of cone = 2ft and
h = height of cone.

Since the entire length of silo is 9.5 ft and length of cylindrical part is 8 ft, then the height of cone is h' = 9.5 ft - 8 ft

So, V' = 1/3πr²h'

V' = 1/3π(2 ft)²(9.5 ft - 8ft)

<h3>Total volume of grains in silo</h3>

The total volume of grains equals the total volume of the silo V" = V + V'

V" = π(2 ft)²8 ft + 1/3π(2 ft)²(9.5 ft - 8ft)

So, the following that could be used to calculate the total volume of grains that can be stored in the silo is π(2 ft)²8 ft + 1/3π(2 ft)²(9.5 ft - 8ft)

Learn more about volume here:

brainly.com/question/25248189

#SPJ1

7 0

2 years ago

PLEASE HELP ME

shtirl [24]

Answer:

A ✓5 is the irrational number.

Step-by-step explanation:

Have a good day. :)

8 0

3 years ago

Read 2 more answers

If x is a rational number and y is the opposite of x,why do x y have the same absolute value?

olga2289 [7]

They have the same absolute value because all opposites have the same absolut value because they both are the same distance from zero

5 0

3 years ago

A product comes in cans labeled "38 oz". A random sample of 10 cans had the following weights:

KiRa [710]

Answer:

b. 35.9, 39.1 ounces

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

barX=37.465 represent the sample mean for the sample

$\mu$ population mean (variable of interest)

s=2.27 represent the sample standard deviation

n=10 represent the sample size

Confidence interval

The confidence interval for the mean is given by the following formula:

barX +- t*[(s)/(sqrt{n))] (1)

In order to calculate the critical value t we need to find first the degrees of freedom, given by:

df=n-1=10-1=9

Since the Confidence is 0.95 or 95%, the value of alpha=0.05 and \alpha/2 =0.025, and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.025,9)".And we see that t_(alpha/2)=2.26

Now we have everything in order to replace into formula (1):

37.465-2.26[(2.27)/(sqrt{10))]=35.9

37.465+2.26[(2.27)/(sqrt{10))]=39.1

So on this case the 95% confidence interval would be given by (35.9;39.1)

7 0

3 years ago

A business was valued at £80000 at the start of 2013. In 5 years the value of this business raised to £95000. this is equivalent

Yuri [45]

the yearly increase of x% assumes is compounding yearly, so let's use that.

$~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\dotfill &\£95000\\ P=\textit{original amount deposited}\dotfill &\£80000\\ r=rate\to r\%\to \frac{r}{100}\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{yearly, thus once} \end{array}\dotfill &1\\ t=years\dotfill &5 \end{cases}$

$95000=80000\left(1+\frac{~~ \frac{r}{100}~~}{1}\right)^{1\cdot 5}\implies \cfrac{95000}{80000}=\left( 1+\cfrac{r}{100} \right)^5 \\\\\\ \cfrac{19}{16}=\left( 1+\cfrac{r}{100} \right)^5\implies \sqrt[5]{\cfrac{19}{16}}=1+\cfrac{r}{100}\implies \sqrt[5]{\cfrac{19}{16}}=\cfrac{100+r}{100} \\\\\\ 100\sqrt[5]{\cfrac{19}{16}}=100+r\implies 100\sqrt[5]{\cfrac{19}{16}}-100=r\implies 3.5\approx r$

4 0

2 years ago