document.write( "Question 304126: Please Help! I have no idea where to start.\r
\n" ); document.write( "\n" ); document.write( "A company has an income of $100,000
\n" ); document.write( "before paying taxes and a bonus. The bonus B is to be
\n" ); document.write( "20% of the income after deducting income taxes T but
\n" ); document.write( "before deducting the bonus. So
\n" ); document.write( "B = 0.20(100,000 - T ).
\n" ); document.write( "Because the bonus is a deductible expense, the amount of
\n" ); document.write( "income tax T at a 40% rate is 40% of the income after
\n" ); document.write( "deducting the bonus. So
\n" ); document.write( "T = 0.40(100,000 - B).
\n" ); document.write( "a) Use the accompanying graph to estimate the values of
\n" ); document.write( "T and B that satisfy both equations.
\n" ); document.write( "b) Solve the system algebraically to find the bonus and
\n" ); document.write( "the amount of tax.
\n" ); document.write( "

Algebra.Com's Answer #217875 by dabanfield(803)\"\" \"About 
You can put this solution on YOUR website!
1.) B = 0.20(100,000 - T )
\n" ); document.write( "2.) T = 0.40(100,000 - B)\r
\n" ); document.write( "\n" ); document.write( "You have two equations in two unknowns to solve simultaneously.\r
\n" ); document.write( "\n" ); document.write( "Rewrite 1.) as\r
\n" ); document.write( "\n" ); document.write( "3.) B = 20000 - .2*T \r
\n" ); document.write( "\n" ); document.write( "and 2.) as\r
\n" ); document.write( "\n" ); document.write( "4.) T = 40000 - .4*B\r
\n" ); document.write( "\n" ); document.write( "Substitute (20000 - .2*T) from 3.) in 4.) and solve for T:\r
\n" ); document.write( "\n" ); document.write( "T = 40000 - .4*(20000 - .2*T)
\n" ); document.write( "T = 40000 - 8000 + .08*T
\n" ); document.write( "T - .08*T = 32000
\n" ); document.write( ".92*T = 3200
\n" ); document.write( "T = 3200/.92\r
\n" ); document.write( "\n" ); document.write( "T = ?\r
\n" ); document.write( "\n" ); document.write( "Take the value for T above and substitute in 3.) to calculate B.\r
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