Several years have gone by since Harry and Belinda graduated from college and started their working careers. They both earn good salaries. They believe that they are paying too much in federal income taxes. The Johnsons' total income last year included Harry's salary of $63,000, Belinda's reportable income of$81,000 after subtracting her 401(k) deposits, $300 interest on savings and checking, and$3000 interest income from the trust that is taxed in the same way as interest income from checking and savings accounts. Harry deposits $3,000 per year into a traditional IRA. (a) What is the Johnsons' reportable gross income on their joint tax return? (b) What is their adjusted gross income? (c) What is the total value of their exemptions? (d) How much is the standard deduction for the Johnsons? (e) The Johnsons are buying a home that has monthly mortgage payments of$3,000, or $36,000 a year. Of this amount, about$32,800 goes for interest and real estate property taxes. The couple has an additional $14,000 in itemized deductions. Using these numbers, calculate their taxable income and tax liability. (f) Assuming they had a combined$18,000 in federal income taxes withheld, how much of a refund will the Johnsons receive? (g) What is their marginal tax rate? (h) Based on gross income, what is their average tax rate? (i) List three additional ways that the Johnsons might reduce their tax liability next year.

Alfred was able to secure a government job after he graduated from college which lasted for almost twenty years. A. Alfred lasted almost twenty years after he was able to secure a government job after he graduated from college. B. Alfred was able to graduate from college to secure a government job which lasted for almost twenty years. C. After graduating from college, Alfred was able to secure a government job that lasted for almost twenty years. D. For almost twenty years, Alfred was able to secure a government job after he graduated from college.

Harry and Belinda need some questions answered regarding credit. Their seven-year-old car has been experiencing mechanical problems lately. Instead of buying a new set of tires, as planned for in March, they are considering trading the car in for a newer used vehicle so that Harry can have dependable transportation for commuting to work. The couple still owes $\$ 3600$ to the bank for their current car, or $\$ 285$ per month for the remaining $18$ months of the $48$-month loan. The trade-in value of this car plus $\$ 1000$ that Harry earned from a freelance interior design job should allow the couple to pay off the auto loan and leave $\$ 1250$ for a down payment on the newer car. The Johnsons have agreed on a sales price for the newer car of $\$ 14,250$. The money planned for tires will be spent for other incidental taxes and fees associated with the purchase.

(a) Make recommendations to Harry and Belinda regarding where to seek financing and what APR to expect.

(b) Using the Garman/Forgue companion website or the information in the said table, calculate the monthly payment for a loan period of three, four, and five years at $8$ percent APR. Describe the relationship between the loan period and the payment amount.

The financial affairs of the Johnsons have become much more complicated since we began following them in Chapter mentioned. Both Harry ($\$275$ per month) and Belinda ($\$300$ per month) have been given raises at work. They have purchased a $\$ 140,000$ condominium that has added about $\$ 400$ per month to their housing expense. They have purchased a used car for $\$ 3200$, adding about $\$ 120$ per month to their expenses. As a result of these changes, Harry and Belinda realize that they now face greater risks in their financial affairs. They have decided to review their situation with an eye toward managing their risks more effectively. Use the said table, their net worth and income and expense statements at the end of Chapter mentioned, and other information in this chapter to answer the following questions:

(a) What are Harry and Belinda's major sources of risk from home and automobile ownership, and what is the potential magnitude of loss from each?

(b) Given the choices listed in step $2$ of the said table, how should the Johnsons handle the sources of risk listed in part a?

Dr. Zhivago Diagnostics Corp.’s income statement for 20X1 is as follows. Assume that in 20X2, sales increase by 10 percent and cost of goods sold increases by 20 percent. The firm is able to keep all other expenses the same. Assume a tax rate of 30 percent on income before taxes. What is income after taxes and the profit margin for 20X2?

In the course of developing his model, Bohr arrived at the following formula for the radius of the electron's orbit: $r _ { n } = n ^ { 2 } h ^ { 2 } \epsilon _ { 0 } / \pi m _ { e } e ^ { 2 },$ whereme is the electron mass, e is its charge, and $\epsilon 0$ is a constant related to charge attraction in a vacuum. Given that me $= 9.109 \times 10 ?$ 31 kg, e = $1.602 \times 10 ? 19 \mathrm { C } , \text { and } \epsilon 0 = 8.854 \times 10 ? 12 \mathrm { C } 2 / \mathrm { J } - \mathrm { m }$ calculate the following:

The radius of the 1 st ( n = 1 ) orbit in the H atom,

What type of function is the gradient function $f^{\prime}(x)$?

determine whether the given integral converges or diverges..∫∞0te−td

Plot a graph of the function. $z = f ( x , y ) = \sqrt { x ^ { 2 } + y ^ { 2 } }$

Plot the graph the function on the window $[-2,2]$ by $[-4,4]$ without using your calculator. After you have answered use a graphing calculator to check your answers.

$$y=\left(\frac{1}{3}\right)^{1-x}$$

What would be the tax liability for a single taxpayer who has a gross income of $33,975? (use standard deduction and 1 exemption)

For the examples below, explain whether a physical or a chemical change has occurred. Justify your answer. a. When you mix baking soda and vinegar, carbon dioxide is released. b. You build a tall sand castle at the beach. After a wave washes over it, the sand castle turns into a big pile of sand. c. Boiling water turns a raw egg into a hardboiled egg. d. Max divided cookie dough into small piles on a cookie sheet. e. A loaf of freshly-baked bread tastes better and looks much different than a lump of bread dough. f. A glass of water is left in the sun. In time, the water evaporates leaving the glass empty.

What is the heat capacity $(C_v)$ of the calorimeter?
(a) 5.15 kJ/°C (b) 5.08 kJ/°C (c) 5.12 kJ/°C (d) 4.97 kJ/°C

Determine the coefficient and the degree of each term in each polynomial:

$$2a^5 + a^2 + 8a + 10$$