Acountry is considering two income tax rates. geoffrey is comparing what his tax bill would be under each plan. under plan a, he pays 5% on the first $10,000. the next $85,000 is taxed at a rate of 10%. any money earned above $95,000 is taxed at 15%. he made $98,000 last year. which statement below is correct?

We calculate the tax that is due for Geoffrey and we are to compare the computed values.

Plan A:

Solve first for the excess from $10,000 of Geoffrey current earnings. The first $10,000 is taxed by 5% and that the remaining amount is taxed with 10%.

       $98000 – $10,000 = $88,000

      Total Tax = ($10,000) x (0.05) + ($88,000) x (0.10) = $9,300

Plan B:

Since Geoff earned $98,000, all of which will be taxed with 15%.

     Total Tax = ($98,000) x (0.15) = $14,700

Thus, if Plan B is implemented in the country, Geoff will have to pay $5,400 more compared when plan A is implemented.

-14 is the answer

hope this : ))

see below

step-by-step explanation:

7.   there are 10 data points in the set.   the middle point is between 5 and 6.   the middle point in the top half is 8   and the middle point in the bottom half is 3. to find the iqr , take point 8 and subtract point 3

mid term   point 8 = 100   point 3 = 88

iqr = 100-88 = 12

final   point 8 = 93   point 3 = 78

iqr = 93 - 78 = 15

the final has the greatest iqr

6.   b - there is a high data value that causes the data set to be asymmetrical for the males: the data for males are high and asymmetrical .   there is an outlier for the males that skews the data

5.   the   iqr is a better measure of spread for the movies and basketball games.   since the basketball game has an outlier, we do not want to use standard deviation for measurement.  

3.   the exam median is much higher than the class median.   the median line is farther to the right on the exams

2.   there is no way to tell what the means are from the box and whisker plots.