Karen rogers is a salesperson for solar panels inc. she attends builder trade shows to identify potential customers in an effort
1 answer:
You might be interested in
Answer:
Answer is given in the attachment.
Explanation:
Answer:
annual percentage rate: 7.0404%
Explanation:
We need to solve for the annual convertible rate when we are given with the annual effective rate:
apr = 0.0704035593 = 7.0404%
____________________________________________________
Answer:
Your answer would be D). $2,040.00
____________________________________________________
Explanation:
To find the state income tax in this situation, we would need to be doing a lot of multiplying and dividing in order to get our answer.
We would use this equation:
t = px
t = Total paid
p = percentage
x = unknown
In this case, we would need to find what x is.
Let's give you the equation:
15,449.60 = 28.4x
We would need to get x by itself, so we would divide by 28.4. But first, we would need to move the decimal place from 28.4 2 times to the left, so we would be dividing by .284
Now, that;;s the federal income tax, but we have to find the state income tax. We would use 54,400 and miltiply it by 3.75 (move 2 decimal places to the left to get 0.0375).
Agnes payed <u>$2,040</u> in state income tax.
D). $2,040 should be your FINAL answer.
____________________________________________________