Acar cost $20,000 when it was purchased. the value of the car decreases by 8% each year. find the rate of decay each month and select the correct answer below

−0.006924%
−0.006667%
−0.7%
−0.6924%

$3720

step-by-step explanation:

taxable income = $31000

as per the 2018-2019 us tax bracket, the tax rate is 12% for an individual whose taxable income is between $9,526 to $38,700.

so, the tax to be paid by him = 12% of 31000

= 0.12 * 31000     [12% converted to decimal as 0.12]

= $3720

130 degrees. i have no other way to explain

the answer is 15 to your question