What is the math paper lesson 68

Susan, a recent college graduate, makes a base salary of $70,000 per year. Susan has federal income tax withholding of $12,000,

Damm [24]

Answer:

Susan's take-home pay $48,645.

Step-by-step explanation:

Given:

Susan, a recent college graduate, makes a base salary of $70,000 per year. Susan has federal income tax withholding of $12,000, and state tax withholding of $4,000. Employers are required to withhold a 6.2% Social Security tax and a 1.45% Medicare tax.

Now, to find Susan's take-home pay.

Basic salary = $70,000.

Now, her tax withholdings:

Federal income tax = $12,000.

State tax = $4,000.

Social security tax = 6.2% of $70,000.

$=\frac{6.2}{100} \times 70,000\\\\=0.062\times 70,000\\\\=\$4340.$

Medicare tax = 1.45% of $70,000.

$=\frac{1.45}{100} \times 70000\\\\=0.0145\times 70000\\\\=\$1015.$

Now, to get the take-home pay of Susan's we subtract all the tax holdings of federal, state, social and medicare from the basic salary:

$70,000-(12,000+4,000+4340+1015)$

$=70,000-(21,355)$

$=70,000-21,355$

$=\$48,645.$

Therefore, Susan's take-home pay $48,645.

7 0

1 year ago

Please answer this as fast as you can In the graphic above, ΔABC ≅ ΔEDC by: HL. AAS. AAA. SSS.

Masja [62]

Answer:

Step-by-step explanation:

Triangles by definition have 3 sides. If the sides are corresponding then it is beneficial to us if they are the same length as well. If all 3 sides in one triangle are equal in length to the corresponding sides in another triangle, then the triangles are congruent by SSS (side-side-side). This is the case for us. Side EC is corresponding and congruent to side AC; side CD is corresponding and congruent to side CB; side ED is corresponding and congruent to side AB.

4 0

1 year ago

If PR = 4x – 2 and RS = 3x – 5, which expression represents PS?

klasskru [66]

Answer:

$PS = 7x- 7$

Step-by-step explanation:

Given

Straight Line, PS

Such that

$PR = 4x -2$

$RS = 3x - 5$

Required

Find PS

From the attachment above, it can be seen that RS is a continuation of PS;

This implies that

$PS = PR + RS$

Substitute $PR = 4x -2$ and $RS = 3x - 5$

$PS = 4x - 2 + 3x - 5$

Collect like terms

$PS = 4x + 3x- 2 - 5$

$PS = 7x- 7$

Hence, the length of PS is $PS = 7x- 7$

8 0

1 year ago

Dahlia is trying to decide which bank she should use for a loan she wants to take out. In either case, the principal of the loan

vovangra [49]

Answer:

a. Loan Q’s finance charge will be $83.73 greater than Loan P’s.

Step-by-step explanation:

Loan P

Monthly payments for a 9-year 5.8% loan for $19,450 are $231.59, so the total repaid is ...

108 payments × $231.59 per payment = $25,011.72

Together with the service charge, the cost of the loan is ...

$25,011.72 + 925.00 - 19,450 = $6,486.72

__

Loan Q

Monthly payments for a 10-year 5.5% loan for $19,450 are $211.08, so the total repaid is ...

120 payments × $211.08 per payment = $25,329.60

Together with the service charge, the cost of the loan is ...

$25,329.60 +690.85 -19,450 = $6,570.45

__

Difference of charges

The cost of Loan Q exceeds that of Loan P by ...

$6,570.45 -6486.72 = $83.73 . . . . . matches choice A

_____

The payment values here were computed using a financial calculator. They can be found using the TVM Solver of a graphing calculator (TI-84), or by any spreadsheet. A number of web sites will also calculate loan payment values, or you can use the formula in your text to compute them yourself.

3 0

1 year ago

Let Y denote a geometric random variable with probability of success p. a Show that for a positive integer a, P(Y > a) = qa .

lakkis [162]

Answer:

a) For this case we can find the cumulative distribution function first:

$F(k) = P(Y \leq k) = \sum_{k'=1}^k P(Y =k')= \sum_{k'=1}^k p(1-p)^{k'-1}= 1-(1-p)^k$

So then by the complement rule we have this:

$P(Y>a) = 1-F(a)= 1- [1-(1-p)^a]= 1-1 +(1-p)^a = (1-p)^a = q^a$

b) $P(Y>a)= q^a$

$P(Y>b) = q^b$

So then we have this using independence:

$P(Y> a+b) = q^{a+b}$

We want to find the following probability:

$P(Y> a+b |Y>a)$

Using the definition of conditional probability we got:

$P(Y> a+b |Y>a)= \frac{P(Y> a+b \cap Y>a)}{P(Y>a)} = \frac{P(Y>a+b)}{P(Y>a)} = \frac{q^{a+b}}{q^a} = q^b = P(Y>b)$

And we see that if a = 2 and b=5 we have:

$P(Y> 2+5 | Y>2) = P(Y>5)$

c) For this case we use independent identical and with the same distribution experiments.

And the result for part b makes sense since we are interest in find the probability that the random variable of interest would be higher than an specified value given another condition with a value lower or equal.

Step-by-step explanation:

Previous concepts

The geometric distribution represents "the number of failures before you get a success in a series of Bernoulli trials. This discrete probability distribution is represented by the probability density function:"

$P(X=x)=(1-p)^{x-1} p$

If we define the random of variable Y we know that:

$Y\sim Geo (1-p)$

Part a

For this case we can find the cumulative distribution function first:

$F(k) = P(Y \leq k) = \sum_{k'=1}^k P(Y =k')= \sum_{k'=1}^k p(1-p)^{k'-1}= 1-(1-p)^k$

So then by the complement rule we have this:

$P(Y>a) = 1-F(a)= 1- [1-(1-p)^a]= 1-1 +(1-p)^a = (1-p)^a = q^a$

Part b

For this case we can use the result from part a to conclude that:

$P(Y>a)= q^a$

$P(Y>b) = q^b$

So then we have this assuming independence:

$P(Y> a+b) = q^{a+b}$

We want to find the following probability:

$P(Y> a+b |Y>a)$

Using the definition of conditional probability we got:

$P(Y> a+b |Y>a)= \frac{P(Y> a+b \cap Y>a)}{P(Y>a)} = \frac{P(Y>a+b)}{P(Y>a)} = \frac{q^{a+b}}{q^a} = q^b = P(Y>b)$

And we see that if a = 2 and b=5 we have:

$P(Y> 2+5 | Y>2) = P(Y>5)$

Part c

For this case we use independent identical and with the same distribution experiments.

And the result for part b makes sense since we are interest in find the probability that the random variable of interest would be higher than an specified value given another condition with a value lower or equal.

8 0

2 years ago