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First Career: Target Entry Level Employee (40 hours week) Annual Salary $24,960. Second Career: HVAC Technician (Heating, Ventilation, and Air Conditioning) (minimum of 40 hours
First Career: Target Entry Level Employee (40 hours week) Annual Salary $24,960. Second Career: HVAC Technician (Heating, Ventilation, and Air Conditioning) (minimum of 40 hours per week) Annual Salary $45,000. Third Career: Electrical Engineer (Masters Degree): (minimum of 40 hours per week) Annual Salary $95,000 Question 1 10 pts Choose one of the given careers. State your career choice and find the monthly income after taxes. Use the federal income tax brackets for a taxpayer who is single. Single If Taxable Income Is Between: Then the Tax Due Is: 60 - $9700 109% of taxable income $9701 - $39,475 $970+12% of the amount over $9700 $39,476 - $84,200 $4543+22% of the amount over $39,475 $84, 201 - $160,725 $14,382.50+24% of the amount over $84,200 $160,726 - $204,100 $32,748.50+329% of the amount over $160,725 $204,101 - $510,300 $46,628.50+35% of the amount over $204,100 $510,301+ $153,798.50+37% of the amount over $510,300Now, discuss your possible financial goals for the future, that could be related to this career choice. (Hint: For example: Would you like to purchase a laptop or a car? Do you plan to purchase a condo/house?) HTHL Ed'lT.D B 7 U A-A-L EE = lid lid X E~- += M T 12pt ~ Paragraph ~ 4 D Research the skills and education required for the career chosen in question 1, and provide the following information: A) Minimum, Median & Maximum salaries, B) Education Requirements, C) Skills Required (Hint: remermber to site at least one source of information.)
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