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A family may deduct 24% of their childcare expenses from their income tax owed. If a family had $1,345 in childcare expenses, how much can they deduct?
Find out 24% of $1,345 by multiplying by the decimal equivalent of 24% (0.24); $1,345 × 0.24 = $322.80. $322.80 can be deducted.
Reason for why limits not existing : In the previous section we saw two limits that did not. We saw that did not exist since the function did not settle down to a sing
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Three payments of $2000 (originally due six months ago, today, and six months from now) have been renegotiated to two payments: $3000 one month from now and a second payment due in
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