Solve the following problem using 6.2%, up to $117,000, for social security tax and 1.45%, no wage limit, for Medicare tax.   What are the social security and Medicare withholdings for an executive whose annual gross earnings are $126,870? Round to the nearest cent when necessary.   Social security: $ Medicare: $

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: ANSWER :

Q: nita was involved in an auto accident in which she was at fault. Her own car sustained $1,241…

A:

Q: Martin wants to buy a new bedroom set that costs $1,829 including tax. Unfortunately, he doesn’t…

A: Martin wants to buy a new bedroom set that costs $1,829 including tax. Unfortunately, he doesn’t…

Q: Helene Gauthier invested $15,000 on January 1 in a partnership. She withdrew $2000 on June 1,…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $426,500. The balance on their existing…

A: amount of credit available=?

Q: If you have been hired at an annual salary of $23,000 and expect to receive annual increases of 5%,…

A:

Q: Solve the following: Stock Bonds and Mutual Funds/ Compound Ammount Formula/ Credit Card and…

A: Given:  Due bill on May3 = P 85,300Purchase made on May9= P 1,950Interest charged on the average…

Q: Answer the following questions completely.  Mboi sells his house through a real estate agent whose…

A: Let x be the selling price of x.

Q: 1. If your adjusted gross income is $58,453 and your are single, how much do you owe in taxes?

A:

Q: 5. Ms. Cruz can buy a piece of property for P6,500,000 cash or P4,200,000 in five (5) years. If she…

A: Given:         The first option is paying ₱6,500,000.         The second option is paying…

Q: A major shippingcompany is planning to purchase new cargo ships. It wants to borrow $1100 million by…

A: Given that, A major shipping company is planning to purchase new cargo ships. It wants to borrow…

Q: Consider a 30-year fixed-rate home loan of $555,500 with an interest rate of 5.75%. What is the…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: The appraised value of the home is $428,500.

Q: Dean is planning to purchase a new Nissan Altima which costs $26,865.  He has saved up $3,200 to put…

A:

Q: Consider a 30-year fixed-rate home loan of $555,500 with an interest rate of 3.25%. What is the…

A: Given: Time = 30 years, Initial Value =  $555,500, Interest rate = 3.25%. Let us first find the…

Q: 3. Mocca Blanca invested P45, 000 for 2 years and 8 months and earn P12,450 interest. What was the…

A: Mocca Blanca invested P45, 000  for 2 years and 8 months and earn P12,450 interest . We have to find…

Q: Ellen has maxed out her credit card at $11,500 and vows not to make any other credit card purchases.…

A: Ellen has maxed up Credit card at $ 11500   Credit Card Company is charging 1.24% interest per month…

Q: Alicia has a monthly income of $3,900. She also has a mortgage payment of $1,000, a monthly student…

A: The debt to income ratio can be calculated by dividing the debt by the income. The formula for the…

Q: You owe $5,000 on your credit card, and you plan to pay it off through monthly payments of $100. If…

A: We use formulas: Simple Interest(SI) = (PRT)/100, where P = Principal Amount, R = Rate and T = Time…

Q: ) You would like to take a housing loan with amount equal to JD 110,000, the bank annual rate on…

A:

Q: A debt of P20, 000 is due on December 1, 2020. What was the value of this debt on December 1, 2018…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: solution of the given problem is below...

Q: The Premier Car Title Loan Company makes emergency loans of up to $500 for 1 month for a fee of 4%…

A:

Q: In 2011, Manitoba progressive income tax rates were 10.8% on the first $31,000, 12.75% on the next…

A: Given: Tax rate is 10.8% till $31000 Tax rate is 12.75% beyond $31000 till $36000 Tax rate is 17.4%…

Q: · According to the Housing Recommendations from the book, if a family has an annual income of…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A:

Q: Consider a 30-year fixed-rate home loan of $515,500 with an interest rate of 5.75%. What is the…

A: Given: P=  $515,500 ,           r=5.75% =0.0575 ,                        t=30 year

Q: A loan officer at a bank has PhP1,000,000.00 to lend and is required to obtain an average return of…

A: Here we will find the required amount to lend by 16% rate,

Q: 4. Jessica makes $24,000 a year, but receives weekly paychecks. If 12% of her check is withheld for…

A: As per policy only first question is answered. Ques 4. Annual Income of Jessica = $24,000 Federal…

Q: Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on their existing…

A: Given that Ransford and Alda Mariano own a home recently appraised for $422,500. The balance on…

Q: Sierra plans to retire at age 63, and estimates that $69,600 a year in retirement for 22 years will…

A:

Q: ) If you have been hired at an annual salary of $23,000 and expect to receive annual increases of…

A:

Q: Consider a 30-year fixed-rate home loan of $545,500 with an interest rate of 4.25%. What is the…

A: We need to find out the total interest paid.

Q: How much would Juanita's monthly premium be for a 10-year term insurance policy with a face value of…

A: Juanita's age = 24 years Juanita is a female. Premium required for face value $280,000

Q: Consider a 30-year fixed-rate home loan of $515,500 with an interest rate of 3.75%. What is the…

A: Let  L, c and n denote the loan amount, the rate of interest per payment and the number of payments.…

Q: What is her monthly payment on a 2010 Honda Civic priced at $4500 with a 15% interest rate for a 10…

A: formula for EMI is as below :

Q: Consider a 30-year fixed-rate home loan of $525,500 with an interest rate of 3.75%. What is the…

A: We have to find the interest of given amount. The solution is following.

Q: Consider a 30-year fixed-rate home loan of $595,500 with an interest rate of 3.25%. What is the…

A:

Q: Is the following problem a percent increase problem or a percent decrease problem? Pat earns $10…

A: Given that Pat will get 5% pay raise next year. This means the problem is a percent increase…

Q: 1. Mr. Cruz borrowed P110,000 at 5% simple interest to pay as down payment for a house and lot. If…

A: Solution

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $424,500. The balance on their existing…

A: 80% of appraised value = 0.8* $424,500 = $339,600 But the existing balance on mortgage must also be…

Q: Consider a 30-year fixed-rate home loan of $535,500 with an interest rate of 5.25%. What is the…

A:

Q: Ransford and Alda Mariano own a home recently appraised for $428,500. The balance on their existing…

A: Given Data: Appraised value=428500 Existing mortgage=133085 Loan=80%

Q: How much is the effective cost if you need to borrow $350,000 for one year with 9% single payment…

A:

Q: assume you will put down 10% on a house that costs 424,900 dollars, and borrow the rest. What is the…

A: Cost of house=$424,900 Amount put down=10%

Q: If accumulated tuition, fees and interest on your undergraduate engineering education loan is 37,500…

A:

Q: Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $52,000,000. If…

A: Given Total cost =$52000000 After putting 30% down

Q: You want to make monthly payments of $440, but you don't want a car loan over your head for more…

A: Let the loan amount is P. it is given that monthly payment M is 440. the interest rate is 0.015…

Q: 1. A sofa set which was listed at P20,000 was offered to retailer for 17,000 . What was the rate of…

A: Given; List price=20,000 Net price=17,000.

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.