Answer:
9425
D
Step-by-step explanation:
They are in the third tax bracket down. That means that their joint income is over 67900 but less than 137050.
The base rate is 9350. But they are 68200 - 67900 = 300 over the minimum.
So 25% of that 300 is also to be paid to the government 25/100 * 300 = 75 dollars
Now they must pay 9350 + 75 = 9425
Answer D
Answer:
2027 = $122.25
2016 = $48
Step-by-step explanation:
Find 1% of 75
75 / 100 = 0.75
multiply by 9
0.75 * 9 = 6.75
So that's $6.75 each year
Now, lets find our answers for 7 years.
6.75 * 7 = $47.25
75 + 47.25 = $122.25
<u>The stock will be $122.25 in 2027</u>
Now for 2016.
$6.75 * 4 = $27
$75 - $27 = $48
<u>The stock was $48 in 2016</u>
See the attached picture: