If you divide $12.91 by .48, that'll give you 26.89583333... So rounding that brings you to $26.90
Answer:
their current cash flow is negative since their expenses are higher than their income:
- monthly net income = $56,000 / 12 = $4,667
- monthly expenses = $1,500 + $3,500 = $5,000
- monthly cash flow = ($333)
they have 3 options:
- Option 1 (which I personally dislike) is that Neil contributes $4,000 less per year to his retirement account in order to balance their net income and expenses. The problem is that once he retires, his income will be much lower.
- Option 2 is that they lower their expenses a little bit, only enough to balance their cash flows.
- Option 3 is that Nancy gets a part time job, maybe a couple of hours per day which will allow her to earn money that can be used to cover some expenses.
Personally I believe that option 2 is the best, but if they definitely cannot lower their monthly expenses, then option 3 would probably fit them.
Answer: To find the x-intercept, substitute in 0 for y and solve for x. To find the y-intercept, substitute in 0 for x and solve for y.
x-intercept(s): (−3,0),(2,0)
y-intercept(s): (0,6)
Answer
Let the first no. be 2x
second no. =x
third no. =2x/3
A/Q
2x+x+2x/3=132
11x/3=132
x=36.
Hence the second no. is 36
