Disposable income is the amount left after taxes have been paid and is one measure of the health of the economy. The following table gives the total U.S. disposable income (in billions of 2005 dollars) for selected years from 2010 and projected to 2040.Year2010201520202025203020352040Income (billions) $10,017 $11,120 $12,655 $14,259 $15,948 $17,752 $19,785(a) Use x as the number of years past 2010 and write the equation of the quadratic function that best models these data. (Round all numerical values to one decimal places.)y(x) =(b) What does the model predict for the disposable income (in billions of dollars) in 2025? (Round your answer to one decimal place.)billion dollars

Let a quadratic function y( x ) = ax2 + bx + cwhere a , b , c are the constants

Answered: Disposable income is the amount left…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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9. The price of gold (end of year prices in Dollars per ounce) is shown in the table below. If you bought 3 ounces of gold in 2006 and sold it in 2016 would you have seen a profit (Adjusted for inflation)?. Explain. Year CPI 2006 201.6 2016 240.00 Year 1986 1996 2006 2016 Price of gold in Dollars 391.00 369.00 636.00 1152.00
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Excellent Pizza Franchises. (Click on the following icon in order to copy its contents into a spreadsheet.) 2010 2009 $7.89 2008 2004 $4.31 2007 $7.05 2006 2005 $5.78 Year 2001 2002 2003 Dividend $1.48 $2.12 $3.11 $6.06 $8.39 $7.02 What is the arithmetic growth rate of the dividends for Excellent Pizza Franchises? % (Round to two decimal places)
Year Annual CPI 2010 218.056 2000 172.200 1990 130.700 1980 82.400 Jennifer Marlowe was making $43,276 in 1980. Use the CPI table to determine what her salary would be in 2010, if it kept up with inflation since 1980. Round answer to the nearest dollar, do not include $ in your answer.
Ankit
option a: 3 billion option b: 2.1 billion option c: 2.9 billion option d: 1 billion
Calculate the total cost, proceeds, and gain (or loss) (in $) for the stock market transaction. Company Number ofShares PurchasePrice SellingPrice Commissions TotalCost Proceeds Gain(or Loss) Buy Sell Odd Lot an oil company 100 $46.20 $53.06 3% 3% $ $ $
Compute the specified quantity. Source: Financial Industry Regulatory Authority (www.finra.org) A 5 year bond costs $10,000 and will pay a total of $4,800 in interest over its lifetime. What is its annual interest rate r (as a percent)? (Round your answer to three decimal places.) % r =
What is the definition of "median net worth?"____________________
Workers in the U.S. pay several types of taxes on income, including federal income tax. The federal income tax rate is based on the amount of money a worker makes. Income is broken into levels called tax brackets. The table below shows the tax brackets for a single taxpayer in 2019. Tax Brackets for 2022 Taxable income Tax $0 to $10,275 $10,275 to $41,775 $41,775 to $89,075 $89,075 to $170,050 $170,050 to $215,950 $215,950 to $539,900 $539,900 or more 4 Calculate the income tax for a single person earning $25,000 of taxable income. Make sure you write down any work, calculations, or reasoning that you used to get 10% of taxable income $1,027.50 plus 12% of the excess over $10,275 $4,807.50 plus 22% of the excess over $41,775 $15,213.50 plus 24% of the excess over $89,075 $34,647.50 plus 32% of the excess over $170,050 $49,335.50 plus 35% of the excess over $215,950 $162,718 plus 37% of the excess over $539,900
Education pays off, according to some data from a study. The median weekly earnings and the unemployment rates for eight different levels of education are shown in the table. Educational Attainment Doctoral degree (Dr) Professional degree (Prf) Master's degree (MS) Bachelor's degree (BS) Associate degree (AS) Some college, no degree (SC) High school diploma (HS) Less than a high school diploma (NHS) Unemployment Rate (%) 1.7 1.7 2.5 2.6 3.5 4.3 5.3 7.5 Median Usual Weekly Earnings ($) 1,665 1,747 1,382 1,155 820 757 690 505 Note: Data are for persons aged 25 and over. Earnings are for full-time wage and salary workers.
Fill in the blanks in the following table. Round your answers to 2 decimal places.
Simple Accounting – Income Statement. Revenue Expense Net Income $23,943,930.50 ? $10,759,730.30 a. $17,351,830.40 b. $34,703,660.80 c. $13,184,200.20 d. -$13,184,200.20

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