Question
Marquis LeFont has been a barber since he was 16. He has a license and a thriving business with a loyal following. On average,
Marquis LeFont has been a barber since he was 16. He has a license and a thriving business with a loyal following. On average, he earns $750/week for his services before taxes and expenses. He does not expect his business to increase in his current location. After making a budget, Marquis believes he needs to earn $55,000 per year. 0 Using a multiplier of 1.6X, is he making enough to turn down a job offer of $57,000 per year? How much would he need to make in his shop each week to earn the salary equivalent of $55,000 per year? How much would Marquis, a 25-year-old male, need to pay each month in Beaumont, Texas for the following: O Health Insurance O Dental Insurance O Life Insurance ($250,000 to replace his income for roughly 5 years) O Rental Insurance for his home
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Get StartedRecommended Textbook for
Personal Finance Building Your Future
Authors: Robert B. Walker, Kristy P. Walker
1st edition
9780077861728, 978-0073530659
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