Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. due to temporary tax cuts in 2010, a person with t

Due to temporary tax cuts in 2010, a person with typical deductions earning $50,000 per...

70.2K

Verified Solution

Question

Basic Math

image

Due to temporary tax cuts in 2010, a person with typical deductions earning $50,000 per year would have saved 2% of their income plus $850 in federal taxes. Use this information for these questions. How much money did a typical person save? $ What percent did this person save on her income? Round to the nearest tenth of a percent.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

FO PG diagram above AJ BK CL DM EN AB BC CD DE EF FG...

Finance
1.2K views

The Bigbee Bottling Company is contemplating the replacement of one of its bottling machines with a...

Biology
1.2K views

What is the split gal4 system? Why is it needed to label some cell types? Describe...

Physics
1.2K views

Make a phasor diagram for an LRC circuit 5000 Hz if voltage across LC is 4.0...

Biology
1.2K views

True or False For each statement write T for True if the statement is true...

Physics
1.2K views

5 3 In a step up transformer the turn ratio is 3 2 A battery...

Physics
1.2K views

surface d there must be charges inside the surface The graph shows the variation of...

Basic Math
1.2K views

Which of the following statements is (are) true for all positive integers?1) n3+2n is divisible...

Accounting
1.2K views

M11-7 Calculating Net Present Value, Predicting Internal Rate of Return [LO 11-3, 11-4] Vaughn Company...

Accounting
1.2K views

Cash The following Tables present the summary of the balance sheet and income statement items...

Accounting
1.2K views

The Cutting Department of Cassel Company has the following production and cost data for July...

Finance
1.2K views

PROBLEM 6: Valuation of Common Stock A dividend of $0.72 will be paid by Fiper...