32: The following table shows expenses and income for an individual. Find the persons net monthly cash flow (it may be positive or negative). Assume the amounts shown for salaries and wages are after taxes and that 1 month= 4 weeks.

IncomeExpenses

Part-time job: $1200/month Rent: $600/month

Student Loan: $7000/year Groceries: $70/week

Scholarship: $8,000/yearTuition and fees: $7500/year

Health Insurance: $40/Month

Entertainment: $200/Month

Phone: $65/Month

42: You currently drive 300 miles per week in a car that gets 15 miles per gallon of gas. You are considering buying a new fuel efficient car for $12,000 (after trade-in allowance on your current car) which gets 50 miles per gallon. Insurance premiums for the new and old car are $800 and $600 per year, respectively. You anticipate spending $1200 per year on repairs to the oldcar and having no repairs on the new car. Assume that gas cost $3.50 per gallon. Over a 5 year period, it is less expensive to keep your old car or buy the new car.

48: Assuming the difference shown in the table remains constant over a 40-year career, approximately how much less does a women with a bachelors degree earn then a women with an advance degree.

52: You have a part time job (20 hours per week) that pays $15 per hour or you could have a full time job (40 hours per week) that pays $12 per hour. Because of the extra free time you will spend $150 per week on more entertainment with the part time job than the full time job. After accounting for extra entertainment expense, how much more is you weekly cash flow with full time job than with the part time job? Neglect taxes and other expenses.