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zysi [14]
3 years ago
11

There is a sale on computers at your local Comp2u. The gaming system that you are interested in has the latest Intel Quad core p

rocessor and duel NVIDIA GeForce 9800S graphics card. The sale price on the computer is $1,500.00 plus 5.1% sales tax. Your monthly gross salary is $2,500. How much will you have saved over a two month period and will you be able to afford the computer, given your monthly expenses total $1,250, Social Security is 6.2% of your biweekly income, Medicare is 1.45% of your biweekly income, and you pay State and Federal taxes in the amount of $45.00 and $89.51 biweekly respectively?
Mathematics
2 answers:
Karolina [17]3 years ago
7 0

Answer:

The multiple choices missing from the question are:

a. $1,576.5; yes

b. $1,521.2; no

c. $1,579.44; yes

d. $1,561.32; no

The correct option is A, $1,576.5

Step-by-step explanation:

The balance of gross pay  is computed thus:

Gross salary                            $2,500

Social security at 6.2%            ($155)

Medicare at 1.45%                  ($36.25)

State taxes                                ($45)

Federal taxes                            ($89.51)

Monthly expenses                    ($1250)

amount left after all deductions$924.24

However, the amount of savings is the cost of the computer plus 5.1%

Computer cost   $1,500

Plus 5.1%*$1500  $ 76.5

Total savings       $1,576.5

If total of $924.24 was saved in the first month, savings can be accomplished thus:

First month savings    $924.24

Second month savings$652.26

slega [8]3 years ago
5 0

Answer:

$1,579.44; yes

Step-by-step explanation:

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