according to the income section shown below from the 1040ez form if $2950 were entered on which line would the taxpayer be ineligible to use the form

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

360/29

step-by-step explanation:

it's undefined because anything multiplied by 0 is 0. that said, 7 days is 168 hours