Use the marginal tax rate chart to answer the question.


Marginal Tax Rate Chart
Tax Bracket Marginal Tax Rate
$0–$10,275 10%
$10,276–$41,175 12%
$41,176–$89,075 22%
$89,076–$170,050 24%
$170,051–$215,950 32%
$215,951–$539,900 35%
> $539,901 37%


Determine the amount of taxes owed on a taxable income of $38,520.

Answers

Answer 1

The effective tax rate for a taxable income of $75,400 is 24%.

What is the Marginal tax rate?

The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income earned is the average tax rate.

WE have Given that;

Marginal Tax Rate           Chart Tax Bracket

$0 –$10,275                                  10%

$10,276 –$41,175                           12%

$41,176 –$89,075                          22%

$89,076 –$170,050                      24%

$170,051 –$215,950                      32%

$215,951 –$539,900                     35%

> $539,901                                     37%

Hence, the effective tax rate for income of $95, 600 lies in the range of a marginal tax rate of; 24%.

thus, the effective tax rate;

= 72,026/ 95600

= 24 %

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Answer 2

Answer:

4,416.90

Step-by-step explanation:

12% tax bracket: $38,520 - 10,725 = 27795(0.12) = 3335.4

1027.50+3335.4 = 4416.90


Related Questions

An oil refinery is located 1 km north of the north bank of a straight river that is 3 km wide. A pipeline is to be constructed from the refinery to storage tanks located on the south bank of the river 5 km east of the refinery. The cost of laying pipe is $300,000/km over land to a point P on the north bank and $600,000/km under the river to the tanks. To minimize the cost of the pipeline, how far downriver from the refinery (in km) should the point P be located? (Round your answer to two decimal places.)

Answers

Answer:

  3.36 km

Step-by-step explanation:

You want the distance P east of a refinery so that the cost of laying pipe from the refinery 1 km north of a river and under a 3 km wide river to storage on the south bank is minimized. The cost of under-river pipe is double the cost of overland pipe.

Setup

Let p represent the distance east of the refinery where the river crossing starts. Then the distance in km from the refinery to the river crossing is ...

  d1 = √(1² +p²)

The storage facility is 5 km east of the refinery, so is (5-p) km east of the north-bank point where the river crossing starts. The length of the pipe under the 3 km-wide river is ...

  d2 = √(3² +(5-p)²) = √(p² -10p +34)

The cost is the sum of costs of laying pipe for each segment. The cost for each unit of distance is double for the under-river pipe, so the total cost can be described by ...

  c ∝ d1 + 2×d2

  c ∝ √(1² +p²) +2√(p² -10p +34)

Solution

The cost is minimize for the value of p that makes dc/dp = 0. The implicit derivative is ...

  c' = p/√(p² +1) +(2p -10)/√(p² -10p +34) = 0

Subtracting the second term and squaring gives ...

  p²/(p² +1) = (4p² -40p +100)/(p² -10p +34)

Cross-multiplying gives the 4th-degee equation ...

  p⁴ -10p³ +34p² = 4p⁴ -40p³ +104p² -40p +100

In standard form, this is ...

  3p⁴ -30p³ +70p² -40p +100 = 0

The only positive real solution in the domain (0, 5) is p ≈ 3.362.

P should be located about 3.36 km downriver from the refinery.

__

Additional comment

This problem does not ask for the cost, so we only need to know the relative cost of two routes.

The solution of the quartic equation is found using a graphing calculator in the first attachment.

The same graphing calculator can find the minimum of 'c' without bothering with differentiation and reducing the equation to a polynomial. This is shown in the second attachment. Note that graph also shows the cost in units of $300,000. That is, the cost of the pipeline will be about $3.1 million.

3. Your original purchase price was $825.00 plus 7% sales tax. You enter into an agreement
where the interest (12.5% APR) is waived for the first 12 months provided you make the
required monthly payments; otherwise the interest is accrued from the date of purchase. You
miss the first payment due date. The late fee is $35.00. How much is the interest?
O$103.13
O $110.34
O $8.59
O $9.20

Answers

The original price of purchasing is $825 plus 7% sales tax, then the interest will be $9.20. Hence, option D is correct.

What is the Percentage?

The Latin term "per centum," which signifies "by the hundred," is where the word "percentage" originally came from. With 100 as the denominator, percentages are fractions. To put it another way, it's the relationship here between a component and a whole, in which the value of the whole is always assumed to be 100.

As per the given data in the question,

The original purchase price = $825

The sales tax = 7% of $825 = 825 × 7/100 = $57.75

Total credit = $825 + $57.75 = $882.75

The monthly interest rate = 12.5%/12 = 1.0417%

Interest = $882.75 × 1.0417/100

Interest = $9.20

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If the area of a rectangular sign is approximately 4218 sq​ ft, and the width is approximately 57 ​ft, what is the height of this​ sign?

Answers

The answer to this is exactly 74

Identify the greatest common factor.
8y, -12x, 4xy

Answers

The greatest common factor, GCF, of 8y, -12x, and 4xy is 4

Determining the Greatest common factor (GCF) of expressions

From the question, we are to determine the greatest common factor of the given expressions.

The given expressions are 8y, -12x, and 4xy

To determine the greatest common factor, we will express each of the expressions as a product of their factors.

8y = 2 × 2 × 2 × y

-12x = 2 × 2 × 3 × -x

4xy = 2 × 2 × x × y

From above, we can observe that the greatest common factor is

2 × 2

= 4

Hence, the greatest common factor is 4

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Which point is not a solution of the equation below?

(0, -5)

(2, 1)

(5, 5)

(-2, -9)

Answers

(2,1) because if you graph it, the dot won’t be on the line.

Evaluate the function at the given values.
K(x) =−x+2
K(1) =
K(-2) =
K(0) =

Answers

k(1)= -(1)+2 = 1
K(2)= -(2)+ 2= 0
K (0) = -(0) +2 = 2


Hargray Telephone earned 155.27 interest on a $20,000 deposit in an account paying 6%.
Find the number of days that the funds were on deposit.

Answers

46 Days the number of days that the funds were on deposit on Interest rate.

What exactly does "interest rate" mean?

An interest rate informs you of how much borrowing will cost you and how much saving will pay off. Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the total loan amount if you are a borrower.

Interest earned = Principal*Interest rate*Time period

155.27 = 20,000 * 0.06 * Time period

Time period = 155.27/(20,000*0.06)

                      = 0.129339 years

                     =(0.129339 * 360)

                     = 46.56204 days

                     = 46 days(Approx)

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ANSWER NOW TAKING A TEST PLS
What is the equation in point slope form of the line that passes through the point (2, 6) and has a slope of 5?
Responses

y−2=5(x−6)
y minus 2 equals 5 open parenthesis x minus 6 close parenthesis

y+2=5(x+6)
y plus 2 equals 5 open parenthesis x plus 6 close parenthesis

y+6=5(x+2)
y plus 6 equals 5 open parenthesis x plus 2 close parenthesis

y−6=5(x−2)

Answers

The equation of the line in point slope form that passes through  the point (2, 6) and has a slope of 5 is y - 6 = 5(x - 2) .

How to find the equation of a line?

The equation of a line can be represented in different form such as standard form, general form, point slope form and slope intercept form.

Therefore,

y - y₁ = m(x - x₁)

where

m = slope

The line passes through (2, 6) and has a slope of 5.

Hence,

m = 5

The equation of the line in point slope form is as follows;

y - 6 = 5(x - 2)

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54 3. Joey opened a new store that sells jars of jelly. Joey sold 3 jars of jelly in his first week of business and 10 jars in his second week. He sold 31 jars in week 3 and 94 jars in week 4. If the number of jars he sells continues to increase in this pattern, how many jars of jelly will Joey sell in the fifth and sixth weeks?

Answers

Answer:

7

Step-by-step explanation:

THe answer is 7 because 10-3=7 SOrry if wrong

Find the y-coordinate of the y-intercept of the polynomial function defined below.


f(x) = 2(5x² − 2)(x − 5) (4x² − 2)

Answers

Answer:

-40

Step-by-step explanation:

The y-intercept occurs when x is equal to 0. In order to find the y-coordinate, you would just plug in x with 0:

2(5x² − 2)(x − 5) (4x² − 2)

2(5[0]^2 - 2)(0 - 5)(4[0]^2 - 2)

2(-2)(-5)(-2)

-40

what are the factors of -120

Answers

Answer:

-1    x     120

-2    x     60

-3    x     40

-4    x     30

-5    x     24

-6    x     20

-8    x     15

-10    x     12

1    x     -120

2    x     -60

3    x     -40

4    x     -30

5    x     -24

6    x     -20

8    x     -15

10    x     -12

Answer:

1, 2, 3, 4, 5, 6, 8, 10, 12, 15, 20, 24, 30, 40, 60 and 120.

Step-by-step explanation:

Circular area rugs are priced at $5 per foot based on the circumference of the carpet used. What is the cost of the largest circular area rug that will fit in Susie’s dining room? Round your answer to the nearest whole number. Do not include the dollar sign in your answer.

A rectangle has length 12 feet and width 7 feet.

Answers

Answer:  

The area of the room is 34*21 = 714 ft^2

the cost of the carpet is $5 per square foot, so the cost to carpet the whole room will be

5*714 = $3570

Step-by-step explanation:

3570 is the cost of the largest circular area rug that will fit in Susie’s dining room.

What is Area of Rectangle?

The area of Rectangle is length times of width.

Given that, Circular area rugs are priced at $5 per foot based on the circumference of the carpet used.

We need to find  the cost of the largest circular area rug that will fit in Susie’s dining room.

The area of the room is 34×21 = 714 ft²

The cost of the largest circular area rug that will fit in Susie’s dining room

$5 per foot based on the circumference of the carpet

Multiply 5 with 714

5×714

3570

Hence, 3570 is the cost of the largest circular area rug that will fit in Susie’s dining room.

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A list of numbers is given below. If x is a number
in this list, which inequality could represent x?
{-5,
-12,-2,-9}
A. x < -13
B. X<-1
C. x>-12
D. X<-2

Answers

Answer:

B

Step-by-step explanation:

Since -1 is greater the values given then x is less than -1

write 804 billion in ordinary decimal notation and in scientific notation

Answers

Answer:804,000,000,000 & 8.0e+11

Step-by-step explanation:

logic

5. The corresponding sides of the similar shapes have same
- In the figure given below, what is the value of x? (RED)
2 cm
3 cm
3 cm
2 cm
4 cm
x cm
(GR
4 cm

Answers

Using easy mathematical operations, we know that the value of x in the given rectangle is 6 cm.

What exactly are mathematical operations?

An operation, in mathematics, is a mathematical function that transforms zero or more input values into a precisely defined output value.

The arity of the operation is influenced by the number of operands.

PEMDAS, parenthesis, exponents, multiplication, and division.

So, the value of x will be:

The given two rectangles have similar sides.

2cm is similar to 4cm.

3cm is similar to xcm.

Now, we can calculate x as follows:

2/4 = 3/x

2x = 4×3

2x = 12

x = 12/x

x = 6

Therefore, using easy mathematical operations, we know that the value of x in the given rectangle is 6 cm.

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Identify the length of the missing section of each line. Assume that the lines are divided into equal parts.

Answers

The identification of the length of the missing section of each line, assuming that the lines are equally divided, is as follows:

a) The missing section is 24 units.

b) The missing section is 18 units.

c) The missing section is 10 units.

How are the missing sections computed?

The missing sections can be computed using the mathematical operations of division and multiplication.

The product (quotient) of a division operation involves applying the divisor on the dividend using a division operand (÷).

The product of a multiplication operation applies the multiplier on the multiplicand using the multiplication operand (×).

a) The total units = 36

Division parts = 3

The units of each division = 12 (36/3)

The missing section = 24 (12 x 2)

b) The total units = 36

Division parts = 4

The units of each division = 9 (36/4)

The missing section = 18 (9 x 2)

c) The total units = 16

Division parts = 8

The units of each division = 2 (16/8)

The missing section = 10 (2 x 5)

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a rocket is 1 mile above the earth One minute and 5 miles above earth in three minutes. what is the rocket rate of change in miles per minute

Answers

Answer:

1.6repeat miles per minute

Step-by-step explanation:

I'm not totally sure, but i just divided 5/3 and that's how I got the answer

h(1) = -17
h(n) = h(n
1) - 0.2
Find an explicit formula for h(n).
h(n)

Answers

h(n) = -17·0.2^(n-1)

Step-by-step explanation:

The explicit formula for a geometric sequence with first term a1 and common ratio r is ...

an = a1·r^(n-1)

Your sequence h has first term a1 = -17 and common ratio r = 0.2. Then the explicit formula is ...

h(n) = -17·0.2^(n-1)

Two data sets and their mean absolute deviations are shown.

Study the plots of each data set, and then use the drop-down menus to answer the questions below?

Answers

Answer: you should watch a quick video about it :)

Step-by-step explanation:

Consider the following y-intercept and slope:

(0,−3), m=12
Step 2 of 2 : Determine the graph of the line with the given y-intercept and slope.

Answers

The equation of the line will be y = 12x -3 and the graph of the line with the given y-intercept and slope is shown below.

First, let us understand the slope intercept form of a line:

The equation of the line is written in the slope-intercept form, which is: y = mx + b, where m represents the slope and b represents the y-intercept.

We are given:

(0, −3), m = 12.

We need to determine the graph of the line with the given y-intercept and slope.

To find the value of b;

substitute the given values in the equation of the line, we will get;

y = mx + b

-3 = 12 *0  + b

b = -3

So, the equation of the line will be:

y = 12x -3

Thus, the equation of the line will be y = 12x -3 and the graph of the line with the given y-intercept and slope is shown below.

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URGENT PLS HELPPPP!!!!!
Write the point-slope form of the equation of the line with a slope of -2 and an x-intercept of -1.


a. Using variables, write out the formula for the point-slope form of the equation.


b. Identify the values for m, x1, and y1.


c. Fill these values into the point-slope form of the equation from part (a), and simplify as needed.


Use the box provided to submit all of your calculations and final answers. Simplify the answer as needed.

Answers

The equation of the line that has a slope of -2 and x-intercept of -1 in point slope form is y = -2(x + 1).

How to write equation in point slope form?

Linear equations can be represented in different form such as point slope form, slope intercept form, general form and standard form.

Therefore, let's represent the equation of the line in point slope form.

Using point slope form,

y - y₁ = m(x - x₁)

where

m = slopex₁ and y₁ are the variables.

Therefore, the equation of the line has a slope of -2 and an x-intercept of -1.

The slope of a line is the change in the dependent variable with respect to the change in the independent variable.

The x-intercept is where a line crosses the x-axis. The x-intercept is the value of x when y = 0.

hence,

m = -2 and (-1, 0)

x₁ = -1

y₁ = 0

Therefore,

y - 0 = -2(x + 1)

y = -2(x + 1)

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Graph the line by plotting any two ordered pairs that satisfy the equation.

y=43x−6

Answers

You can give (0,-6) which is in the equation as the y-intercept and since the slope is 43/1, you can just add that to the first pair to get (1, 37)

The perimeter of a field is 840 m. If
the length is 25 metres longer than the
width, calculate the length.

Answers

The length of the field is 222.5 meters. See attachment for work.

Indigo went shopping for a new pair of sneakers. Sales tax where she lives is 3.75%. The price of the pair of sneakers is $20. Find the total price including tax. Round to the nearest cent.

Answers

Step-by-step explanation:

price=$20tax rate=$3.75multiply the price with rate and you will get tax the add it to the real pricetotal price incl. tax= 20+(20*3.75/100)=20.75there is your answer...

The total price of sneakers including tax will be equal to $20.75.

What is the Percentage?

The Latin phrase "per centum," which means "by the hundred," is where the English word "percentage" comes from. Percentage segments are those with a numerator of 100. In other words, it is a connection where the whole is always deemed to be valued 100.

As per the given information in the question,

Price of sneakers = $20

Tax on sneakers = 3.75%

Then, the amount of tax will be,

(20 × 3.75)/100

= 75/100

= $0.75

Then, the total price of the sneakers will be,

$20 + $0.75

= $20.75

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What is the value of N?

Answers

The value of n in the line segment is - 9 / 4.

How to find the length of a line segment?

The length of a line segment can be found as follows:

Two point of the line segment are 2n + 9 / 2 and 9 / 2. The distance of the line segment is 9 / 2.

Therefore, let's find n as follows:

9 / 2 - (2n + 9 / 2) = 9 / 2

9 / 2 - 2n - 9 / 2 = 9 / 2

9 / 2 - 9 / 2 - 2n = 9 / 2

- 2n = 9 / 2

cross multiply

-2n × 2 = 9

- 4n = 9

divide both sides by -4

n = 9 / -4

n = - 9 / 4

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The vertex of the function f(x) = 2x² + 12x + 19 is at the coordinate (x, y), where:
x =
y =

Answers

Answer:

x = -3

y = 1

Step-by-step explanation:

Desmos is free and it will graph for you.  See picture.

PLEASE HELP! f(2)=3x^2+2x+4 find f(-2)

Answers

The value of f(-2) in the function f(x) = 3x² + 2x + 4 is 12.

How to solve function?

A function is defined as a relation between a set of inputs having one output each. In a simpler term a function relates input and output.

In other words, a function relates each element of a set with exactly one element of another set (possibly the same set).

Therefore, let's solve the function below:

f(x) = 3x² + 2x + 4

Let's find f(-2) as follows;

To solve f(-2), we have to substitute the value of x in the function f(x) = 3x² + 2x + 4 with -2.

Therefore,

f(x) = 3x² + 2x + 4

f(-2) =  3(-2)² + 2(-2) + 4

f(-2) = 3(4)  - 4 + 4

f(-2) = 12 - 4 + 4

f(-2) = 12

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I NEED HELP PLEASE HELP

Answers

Answer:

Step-by-step explanation:

PLEASE HELP SOLVE!!!

Answers

Answer:37 number

Step-by-step explanation:

At a sale this week, a desk is being sold for $108.80 This is a 66% discount from the original price.
What is the original price?

Answers

Answer:

[tex]\$320.29[/tex]

Step-by-step explanation:

Determine the formula:

[tex]x - (x \times 0.66) = 108.90[/tex]

Solve for x to get the original price:

[tex]x - (x \times 0.66) = 108.90\\x - 0.66x = 108.90\\x(1-0.66) = 108.90\\x = \frac{108.90}{1-0.66}\\x = \frac{108.90}{0.34}\\x \approx 320.29[/tex]

100-66= 34
Move decimal to left .34
Divide 108.80 by .34 = 320
So the original price is $320.
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