Guy is self employed. In one year, Guy generates a gross income of $44,500. When calculating his taxes, Guy is allowed to deduct $2,500 in expenses from his gross income (the result is his 'operating income'). Guy must then pay 10% tax on all operating income up to $20,000 and then 20% on any operating income over $20,000. Calculate the amount of tax that Guy must pay. Give your answer in dollars to the nearest dollar. Do not include commas or the dollar symbol in your answer.

Answers

Answer 1

Answer:

20000÷20= the amount you need for the income price is 16000

Answer 2

Answer:

Step-by-step explanation:

Operating Income=$44,500−$2,500=$42,000.

So Guy will be taxed 10% on $20,000 and 20% on $(42,000−20,000)=$22,000, hence

Total Tax=10%×$20,000+20%×$(42,000−20,000)=$6,400.


Related Questions

My car gets 34 miles per gallon at 60 miles per hour. Is the number of miles I can drive at 60 miles per hour a linear function of the number of gallons of gas in the tank?

Answers

Answer: Yes,

Step-by-step explanation: If you have less than 60 miles in your gas tank it will not last 1 hour.

Give four reasons why you think mathematics should be taught in primary schools

Answers

Answer:

i) Because so that we can understand them steps by step

ii)We could enjoy when we study in school

Answer:

because it helps the kid to make

1. base at mathematic

2.helps to change thinking way that math is hard

3. makes future bright like elon- musk

4. it helps to make stable in basic math calculation

Ms. Davis is doing an activity with her statistics students where she gives them a 202020-question multiple choice test, and they know none of the answers. Students need to guess on every question, and each question has 555 possible choices, 111 of which is correct.
What are the mean and standard deviation of the number of questions that each student gets correct?
You may round your answers to the nearest tenth.

Answers

Answer:

The mean and standard deviation of the number of questions that each student gets correct are 4 and 1.789 respectively (

Answer: mean: 4

standard deviation: 1.79

Step-by-step explanation:

Who ever helps gets barinliest.​

Answers

Answer:

1/8

Step-by-step explanation:

The second option is the answer

Please help me! I’m begging you I’ll mark you brainly! I need it by now

Answers

Answer:

Boxes at the top are as follows

Monomial. 1. 4x

Binomial. 2. 4x+2

Trinomial. 3.

Polynomial. More than 3.

[tex] {5x}^{4} + {2x}^{3} + {12x}^{2} + 135 [/tex]

This would be an example of a polynomial ^

Omit the next highest term to get a trinomial etc

1. 4th degree. Leading term:

[tex] {x}^{4} [/tex]

Leading coefficient: x

2. 2nd degree. Leading term:

[tex] - {7x}^{2} [/tex]

Leading coefficient: -7x

It's a little confusing to read but that should be everything. Sorry it's not organized better

SECTION B.
7. After 12 years Raghav will be three times as old he was four years ago. Find his present age.

Answers

Answer: Present age = 12 yrs old

Explanation:

Let x be the present age

x + 12 = 3(x - 4)
x + 12 = 3x - 12
x - 3x = -12 - 12
-2x = -24
x = -24/-2
x = 12

During the 2013 Major League Baseball season, a home run over the left field wall typically reached a maximum height of 81 feet, and would have traveled a distance of 378 feet from home plate. Assuming the average batter hits the ball three feet from the ground, write a function for the trajectory of the average home run.

Answers

Answer:

The Green Monster is a popular nickname for the 37-foot-2-inch-high (11.33 m) left field wall at Fenway Park, home to the Boston Red Sox baseball team. The wall is 310 feet (94 m) from home plate and is a popular target for right-handed hitters.

Step-by-step explanation:

7. The unlabeled graph shows the relationship
between two customary units of measure.
Only two pairs of units can be represented
Mini-Task
by the graph.
10
8
6
2
0 24
6
8 10
a. Determine the possible pairs of units.
b. Describe the relationship for each pair.

Answers

Answer:

I am not sure about that

PLEASE NEED HELP aS FASt

Answers

Answer:

The second choice

Step-by-step explanation:

The second choice is correct because:

1.5*4=6

is 1/2 and 4/9 proportional

Answers

Answer:

No

Step-by-step explanation: If right press thanks and rate 5/5 plz

Answer:

Not proportional.

Step-by-step explanation:

To find out if the fractions are proportional, you have to cross multiply each fraction to see if each number multiplied is the same.  2 * 4 = 8 and 1 * 9 = 9.  The numbers are not the same here so it is not proportional.

Find the nth term of
1x2x3+2x5x6+3 x 4x​

Answers

Answer:

66+12x

Step-by-step explanation:

1x2x3+2x5x6+3x4x

6+60+12x

66+12x

Line A is parallel to line B, if the measure of<2 is 78 degree, what is the measure of < 5 degree?

Answers

Answer:

h

Step-by-step explanation:

h

Please can you help on this question?!!!!!!!

Answers

Answer:

he has to run another 1/3 of the race for it to equal 6 kilometer all together

Step-by-step explanation:

hope this helps

Solve each inequality below and illustrate the solution on a number line.
(a)
4.Y + 6 < 18
(b)
Sx - 8 > 27
(c)
6.x + 7 < 37
2.2 - 6
(d)
5x – 7 > -17
(e)
<1
4(2x - 3) > -8

just tell the answer no need f0r working ​

Answers

It’s 17 lemme tell u why

17 is the answer

h0pe this helped :>


An account has a principal of $500 and a
simple interest rate of 3.3%. How much interest
would be earned after 3 years?

Answers

Answer:

$49.50

Step-by-step explanation:

Simple interest formula => interest = principal x rate x time period

interest = 500 x .033 x 3 years

interest = 49.50

I hope this helps!

-TheBusinessMan

In Steven's grade, 12 students are enrolled in health and 48 students are not. What percentage of the students in the school are enrolled in health?​

Answers

Answer:

20%

step-by-step way

Solve the question below, please

Answers

Answer:

x = 133.33°

Step-by-step explanation:

The Law of Cosines

It relates the length of the sides of a triangle with one of its internal angles.

Let a,b, and c be the length of the sides of a given triangle, and x the included angle between sides a and b, then the following relation applies:

[tex]c^2=a^2+b^2-2ab\cos x[/tex]

Since we know the values of all three side lengths, we solve the equation for x:

[tex]\displaystyle \cos x=\frac{a^2+b^2-c^2}{2ab}[/tex]

For the triangle in the figure: a=4.1, b=8.5, c=11.7, x=angle C. Applying the formula:

[tex]\displaystyle \cos x=\frac{4.1^2+8.5^2-11.7^2}{2*4.1*8.5}[/tex]

[tex]\displaystyle \cos x=\frac{-47.83}{69.7}[/tex]

[tex]\displaystyle \cos x=-0.6862[/tex]

[tex]x = \arccos (-0.6862)[/tex]

x = 133.33°

If a Swoog can Swig, and a Swig can Swoog, can a Swoog Swig, a Swig Swoog?
A) Fire Truck
B) Croissant
C) Yes
D) Computerized Beard Foundation​

Answers

Answer:

C. yes loll :P

Step-by-step explanation:

Hav a good day

Answer:

Yes?

Step-by-step explanation:

Sam lives 8 miles from work and Mike lives 30 miles from work. How much farther is Mike’s trip to work than Sam’s?

Answers

22 miles,
30miles - 8 miles = 22 miles
Mikes trip to work is 22 miles farther than sam’s

2y + 4x = 16

Anyone know how to solve for Y?

Answers

Answer:

y = -2x + 8

Step-by-step explanation:

In this question, you have to solve for "y".

Solve:

2y + 4x = 16

Get "y" by itself by subtracting 4x from both sides.

2y = -4x + 16

Simplify by dividing both sides by 2.

y = -2x + 8

Answer:

this i what i got..........

What is the next term of the arithmetic sequence? -4,-9,-14,-19,

Answers

-24 is the next term.

Answer:

-24

Step-by-step explanation:

You add -5

Hope this helps you :)

what is the name for the marked?

Answers

Answer:

C not sure though

Step-by-step explanation:

I think it’s C

Explanation: it’s a connected line and it can’t be DAC since there isn’t a option for that

Hope this helped! :)

Which of the following values of t will result in a true statement when substituted into the given equation?

1/2 t-4(2+t)=20


A. t = 8
B. t = -8
C. t = 11
D. t = -12

Answers

It’s A choose A the stimulus given

Answer:

c

Step-by-step explanation:

I will give brainiest to whoever answers correctly !!

Answers

The mark up in the price of the fish dinner is around 50.31%.

18 percent of what number is 74

Answers

Answer:

411.1111111

Step-by-step explanation:

18% of x = 74

Convert 18% into a decimal.

0.18 • x = 74

Isolate x by dividing by 0.18.

x = 411.1111111

Check answer.

0.18 • 411.1111111 = 74

74 = 74

Mrs. Robbins was trying to find a matching pair of shoes in her closet this morning. She has 4 blue shoes, 6 black shoes, 2 brown shoes, 2 white shoes, 2 pink shoes, and 6 sparkly shoes. The light bulb in the closet went out so she couldn't see anything. What is the probability she will grab a white shoe, keep it, and grab another white shoe?​

Answers

Answer:

14 ; three of them are black, 2 are black and leather, 9 are leather

Step-by-step explanation:

i hope this helps

I need help with this

Answers

Gradient is 1/4 or 0.25

Answer:

1/4

Step-by-step explanation:

As 4 units move to the right, 1 unit goes up. Using the formula for slope:

Rise / Run

The gradient of the blue line is 1/4 or 0.25

What is greater? 50 ppm (parts per mile) or 1.1 meters?

Answers

50 ppm BZBDBDBDBDHDJ

Choose the expression equivalent to 3(x + 10)?

Answers

Answer:

3x+30

Step-by-step explanation:

Factor the function using sum/difference of cubes:
f(x)=x^3-27

Answers

Answer:

(x-3)(x^2+3x+9)

Step-by-step explanation:

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