Person A is a full time employee, paid $40,000 per year; his job includes a 401k, medical benefits, and 2 weeks of paid vacation time per year. Person B is an independent contractor. She is paid $25 per hour, and she works exactly 40 hours every week. Her contract requires her to drive an average of 6000 miles each month, using her own vehicle.

Both jobs pay taxes from Silver Spring, MD, 20902 Construct a formula to estimate Person As average monthly cash-flow, after taxes. Construct a 2nd formula to estimate Person Bs average monthly cash-flow, after taxes. Bonus Questions: How are you interpreting your findings? Overall, who seems to have higher cash-flow, and what assumptions are you making in your calculations?