Due to temporary tax cuts in 2010, persons in the u. s. who earned $50,000 per year had a lower tax rate. on average, these persons retained 2% more of their income than before the cuts, due to the lower rate. the 2010 law also gave the same persons a separate $850 credit on their federal tax return, which means they were allowed to subtract $850 from the amount of taxes they owed. how much extra money did a typical person earning $50,000 receive due to the tax cuts?

extra money earn by typical person earning = $1850

Step-by-step explanation:

earned = $50,000 per year

retained = 2%

credit on their federal tax return = $850

amount of taxes = $850

typical person earning = $50,000

to find out

extra money did a typical person earning receive due to the tax cuts

solution

extra money earn by typical person earning is

extra money earn by typical person earning = 2% of $50000 + $850

extra money earn by typical person earning = $1000 + $850

extra money earn by typical person earning = $1850

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !