This topic contains a solution. Click here to go to the answer

Author Question: George and Sarah Gains had a combined gross income of 55,800 . They took the standard deduction of ... (Read 116 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
George and Sarah Gains had a combined gross income of 55,800 . They took the standard deduction of 11,400 for a married couple filing a joint return. They have 3 children ages 6, 9, and 13 years. The amount for each exemption is 3,650 . Compute their taxable income.

Question 2

7,200 is invested each quarter for 5.5 years. Compute the future value if interest is 8 compounded quarterly. Use Tables 23-1A and 23-1B or a calculator.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

26,150

Answer to Question 2

7,200  27.29898 = 196,552.66 future value




roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library