Instructions: You are going to answer the following word problem. You must include the mathematical procedures

Solve the following word problem:

Carmen is a single woman who works as a waitress. He usually works 40 hours a week with a salary of $ 8.50 an hour, additionally, he receives $ 200 a week in tips. Among the deductions from your employment is 7% from Social Security which agreed that there would be no withholding from the IRS government. You are planning to buy a car in 4 months (February, March, April, and May)

He plans to give u soon to buy a car, for this he has to suddenly give $ 2,000. To achieve her goal, Carmen must start a budget preparation. Carmen's expenses are the following: home rent $ 350 (monthly), electricity $ 80.00 (monthly), water $ 60.00 (monthly), food $ 260 (monthly), personal loan $ 167.00, credit card $ 55.00, savings 10% of her salary, fun $ 100.00.

Payroll:

a. How many hours does Carmen work? (2 points)

b. How much money did Carmen earn in tips, should you take into account that the tips do not belong to the salary that her employer must pay, therefore, it is not counted for the Social Security deduction effect? (2 points)

c. How much was Carmen withheld from Social Security? (2 points)

d. How much money did Carmen earn in gross salary during February, March, April, and May? (2 points)

and. How much money did Carmen earn in net salary during February, March, April, and May? (2 points)

Budget:

a. Prepare a budget for Juan for the periods of February, March, April, and May

Items, Income, Expenses (10 points)

b. How much money does Carmen have saved between the months of February-May? (2 points)

c. How much money will Carmen have to save for her car soon? (2 points)

d. How long will it take Carmen to achieve her goal? Remember that saving is different from the 10% that everyone should save for emergencies. (2 points)

and. How is Carmen's financial situation according to her expenses? (2 points)

f. Will Carmen be able to meet her goals? (2 points)

g. What do you recommend to Carmen to achieve her goals? (2 points)