This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Rates for a couple filing a joint tax return are 10 up to 16.750 and 15 thereafter up to 68,000 . ... (Read 97 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
on: Jun 24, 2018
Rates for a couple filing a joint tax return are 10 up to 16.750 and 15 thereafter up to 68,000 . Sadie and Gilbert Goldberg earned combined gross income of 72,000 . They itemized the following deductions: 9,400 interest on their home, 3,700 state taxes, 2,500 donation to their church, and a 150 donation to Goodwill. They took exemptions of 3,650 each for themselves and their two children. Compute the amount of income tax before credits.

Question 2

Compute the total that will accumulate in 6 years if 600 is deposited every quarter into a bank account that pays 6 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

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 24, 2018
Answer to Question 1

5,410

Answer to Question 2

600  28.63352 = 17,180.11 future value


karateprodigy

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 24, 2018
Correct answers!


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Metabolic rates of animals that differ in size. Metabolic rates of animals that differ in size.
Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
Palpating the Wrist Joint Palpating the Wrist Joint
Anatomy of the Right Knee Joint, Anterior View Anatomy of the Right Knee Joint, Anterior View
Joint Disorders Joint Disorders
Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below Fraction of obese individuals by state in 1998 and 2008. In 1998, 42 states had obesity rates below
Video: Audiology

For a complete list of videos, visit our video library