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Need help with these questions! Thank you ! H 1 G F B Annual Costs Monthly Costs fx D E 2 he could go to
Need help with these questions! Thank you !
H 1 G F B Annual Costs Monthly Costs fx D E 2 he could go to a concert in the summer that costs $500 for the 3 day Ticket Bundle. Jeraux is worried the tickets will sell out. He makes $22,000 a year before taxes; his 3 tax rate is 17%; Jeraux has to pay $850 in rent and utilities; Jeraux spends $50 on groceries a week: Jeraux has to repay his car loan which is $110 each month. Insurance for the car costs $600 for the year. If each concert ticket costs $200 individually, what should Jeraux do to make sure he gets tickets before they sell 6 out? 1. Answer 5 7 8 9 10 11 12 13 2. Answer 2. Using the budget from the previous problem, Jeraux is figuring out if he can afford a new car or not. His old car loan would be repaid upon selling of the car; if Jeraux owes $4,000 to the bank on his current car and sells it for $8,000; can Jeraux afford to buy a $24,000 sports car at an annual interest percentage rate of 4% over 6 years? 14 15 16 17 18 19 20 21 22 23 24 3. Answer 25 3. Jeraux has an opportunity to go to the job site and earn $30,000 a year as soon as he hits age 18. His salary will never increase or decrease; instead remain the same throughout his life. The other option Jeraux has is to go to college, spend $28,000 a year for 4 years; and earn his college degree. The job after college at age 22 would guarantee Jeraux $45,000 a year. At what age will Jeraux start producing equivalent income; that is... What age does the Jeraux with a college degree earn as much money as he would've without a degree? 26 27 28 29 30 + Sheet1
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