Question
paycheck. For simplicity, assume you have to work 260 days of the year (you don't work weekends), 8 hours a day. By carefully budgeting you
paycheck. For simplicity, assume you have to work 260 days of the year (you don't work weekends), 8 hours a day. By carefully budgeting you can keep you monthly expenses to about
$1500
.\ But now another job offer has come up. You have the opportunity to become an assistant manager. The only catch is that you'll have to move to a new branch of the bank opening up in a nearby metropolitan area. So here are the details:\ The assistant manager salary starts at
$32,000
. This puts you into the next tax bracket, which means that you will pay
$2500
plus
15%
of the amount earned over
$25,000
. Because you are moving to a bigger city, your living expenses will rise as well. After a little research, you determine that your monthly expenses will probably be around
$2000
.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started