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:
n=23/10
Step-by-step explanation:
10(n+4)=63
n+4=63/10
n=63/10-4
n=23/10
decimal form: 2.3
Answer:
$17.67 per 1 week is the unit rate
Step-by-step explanation:
A unit rate is a rate per 1 unit. Julia's rate of 106 per 6 weeks can be reduced by dividing the two numbers. 106/6 = $17.67 per 1 week.
The answer is 56.
Firstly you have to multiply the 2 numbers together, which would be the places of b and h. This would give you 112.
Then, divide 112 by 2 to give you a final answer of 56.
