Mathematics
04.08.2022 02:30
249
344
8
Solved by an expert

The results for a survey of 120 students

The results for a survey of 120 students
Show Answers
ghari112345
ghari112345
4,8(53 marks)

Answer I DONT KNOW

Step-by-step explanation:

laylay2380
laylay2380
4,8(100 marks)

We calculate the tax that is due for Geoffrey and we are to compare the computed values.

 

Plan A:

Solve first for the excess from $10,000 of Geoffrey current earnings. The first $10,000 is taxed by 5% and that the remaining amount is taxed with 10%.

 

       $98000 – $10,000 = $88,000

      Total Tax = ($10,000) x (0.05) + ($88,000) x (0.10) = $9,300

 

Plan B:

Since Geoff earned $98,000, all of which will be taxed with 15%.

 

     Total Tax = ($98,000) x (0.15) = $14,700

 

Thus, if Plan B is implemented in the country, Geoff will have to pay $5,400 more compared when plan A is implemented.

 

Popular Questions about the subject: Mathematics

Solve the absolute value equation; |x| = 4...
Mathematics
01.01.2020 20:00
Please help will do brainliest...
Mathematics
20.01.2021 16:36
NOVEMDG Le www-awn.aleks.com/alekscgi/x/Isl.exe/1o_u-IgNsikr7j8P3jH-IQ134.Jx4hFLOU71D0b3zKPTUHJHVEB8rwemRdm2H...
Mathematics
29.01.2022 08:12
Help me i don’t understand this!! Please someone help Me...
Mathematics
18.11.2022 10:17
Simplify 3(x+5) -2(x+1)...
Mathematics
06.02.2021 04:45
Which of the following expressions is a true statement? a 2x = 6, if...
Mathematics
21.04.2023 00:22
Between which two numbers is - 15 located on a number line?...
Mathematics
27.03.2020 18:10
Brainliest for whoever solves first!! Ty!...
Mathematics
28.01.2020 15:02
Heather levantó un juguete con una masa de 7/12 de kilogramo. Luego otro...
Mathematics
16.02.2023 10:45

New questions by subject

Normal faults occur from stress and reverse faults occur from stress....
Geography
03.09.2021 01:47
Evaluate the numerical expression. 9.6 – 10.8 ÷ 0.6...
Mathematics
14.05.2020 07:27
With number 1 and explain how you got the answer...
Mathematics
03.09.2021 03:48
An automobile repair facility recently purchased a 200-foot roll of flexible...
Mathematics
24.02.2021 13:17
The amplitude of a particular wave is 1 m. the top to bottom (crest to...
Physics
19.01.2023 11:37
Mr. singh made 12 equal monthly payments. what was the amount he paid...
Mathematics
09.07.2022 03:13
Diagonals ac and bd form right angles at point m in parallelogram abcd....
Mathematics
22.02.2021 12:10
#
#
#
#
# #

We expand our knowledge with many expert answers