Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have an annual salary of $64,000 from which they deduct 2% for medical insurance and 15% for taxes. Your rent is $1300 a month.

  1. You have an annual salary of $64,000 from which they deduct 2% for medical insurance and 15% for taxes. Your rent is $1300 a month. Your water, electricity and internet bill are around $212 a month. Every week you put 140 miles on your car that gives you 22 miles per gallon and gas cost $4.37 per gallon. You pay a premium of $889 every six months for car insurance. You spend $135 a week on food. You also have a student loan that you are paying $58 on every month and you spend $125 every 2 weeks just to treat yourself.

a monthly budget and find your monthly cash flow. You must show work (Assume, that there are52 weeks in a year) Show work step-by-step

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trigonometry A Unit Circle Approach (Subscription)

Authors: Michael Sullivan, Michael Sullivan III

11th Edition

0135229693, 9780135229699

More Books

Students also viewed these Mathematics questions

Question

Summarize the findings of behavior therapy outcome research.

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago

Question

Subjective norms, i.e. the norms of the target group

Answered: 1 week ago