Mikkel pays a 4 percent state income tax on his earnings. if he earns $1,867, how much state income tax can he expect to pay?
$46.68
$74.68
$466.75
$746.80

The state income tax is $ 74.68 .

Step-by-step explanation:

As given in the question

Mikkel pays a 4 percent state income tax on his earnings.

If he earns $1,867.

4% is written in the decimal form .

= 0.04

State income tax = 0.04 × Mikkel earning

                            = 0.04 × 1867

                            = $ 74.68

Therefore the state income tax is $ 74.68 .

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

hi there! my name is zalgo and i am here to you out today. the answer is pretty simple (in a way). this equation equals to 25.2!

i hope this answer !

"stay and stay proud! " - zalgo