The y intercept is at 2 and the x intercept is at 3
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:
4.8 miles
Step-by-step explanation:
First you need to figure out an equation which will be 10<or equal to 1.25m+4. In this equation m=the number of miles. Knowing this information you can now solve. You want to subtract 4 from both sides leaving you with 6 is less than or equal to 1.25m. You then divide both sides by 1.25 and you are left with 4.8 is less than or equal to m.
