I will assume you are using compound interest.
<span>let the amount invested be x </span>
<span>x(1.0575)^25 = 85000 </span>
<span>x = 85000/1.0575^25 = $21,009.20</span>
Answer:
(A) The odds that the taxpayer will be audited is approximately 0.015.
(B) The odds against these taxpayer being audited is approximately 65.67.
Step-by-step explanation:
The complete question is:
Suppose the probability of an IRS audit is 1.5 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more.
A. What are the odds that the taxpayer will be audited?
B. What are the odds against such tax payer being audited?
Solution:
The proportion of U.S. taxpayers who were audited is:
P (A) = 0.015
Then the proportion of U.S. taxpayers who were not audited will be:
P (A') = 1 - P (A)
= 1 - 0.015
= 0.985
(A)
Compute the odds that the taxpayer will be audited as follows:


Thus, the odds that the taxpayer will be audited is approximately 0.015.
(B)
Compute the odds against these taxpayer being audited as follows:


Thus, the odds against these taxpayer being audited is approximately 65.67.
Answer:
it would be c when fully simplified.
Answer:80
Step-by-step explanation:2 times 5 is 10. 10 times 67 is 670. 670 divided by 67 is 10. 10 times 8 is 80x