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Julie lives in the country of Snowland. She has: a full-time job earning a gross salary of $41,000 per year; $39,000 in a 1 year
Julie lives in the country of Snowland. She has:
- a full-time job earning a gross salary of $41,000 per year;
- $39,000 in a 1 year term deposit that will earn interest at the rate of 6% per year; and
- study expenses of $3,000 per year that are an allowable deduction.
What is her assessable income (to the nearest dollar)? Please do not include dollar signs or commas in your answer.
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