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mote1985 [20]
3 years ago
7

You plan on purchasing a car in the next year. The car that you are interested in lists for $23,000 after taxes, license, and do

c fees. You currently have two-thirds of the vehicles value saved and you get paid $1,312.00 twice a month. Given that monthly expenses total $1,150.12, Social Security is 6.2% of your income, Medicare is 1.45% of your income, and you pay State and Federal taxes in the amount of $53.00 and $101.35, respectively, twice a month, determine in how many months you will have to save for so that you can purchase the car without financing. Round all your answers to the nearest cent. Round your answer to the nearest month. a. 7 months c. 8 months b. 6 months d. 9 months Please select the best answer from the choices provided
Mathematics
1 answer:
oksano4ka [1.4K]3 years ago
6 0

Answer:

c. 8 months.

Step-by-step explanation:

First off let's get the current total of how much we have saved.

2/3 of $23,000 = 15,333.33.

Now we need to get our total salary to calculate for our Social Security and Medicare.

Total Salary : $1312.00 x 2 = $2,624.00

Social Security : 6.2% or 0.062 x 2,624 = $162.69

Medicare : 1.45 or 0.0145 x 2,624 = $38.05

Now that we have our Social Security and Medicare, we can then solve for our taxes.

Taxes: $53 + $101.35 = 154.35 x 2 = $308.7

Now we can add our monthly expenses to the other expenses.

Monthly Expenses : $1,150.12

1,150.12 + 162.69 + 38.05 + 308.7

= $1659.56 Total Expenses.

Now that we have our total expenses we simply subtract it to our monthly salary.

2624.00-1659.56

= $964.44 Extra Money Monthly

Now we proceed to solve for how much more we need to make the total payment.

23000 - 15,333.33

= 7666.67

Now that we have out total balance, we just need to divide the balance to our extra money monthly.

7666.67 / 964.44

= 7.949 Months or 8 Months

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0.13m

Step-by-step explanation:

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3 0
2 years ago
Read 2 more answers
Divide and write in simplest form 2 3/8 divided by 1 3/4
s344n2d4d5 [400]

First, change each mixed fraction into improper

2 3/8 = 19/8

1 3/4 = 7/4

The problem will look like: (19/8)/(7/4)

To solve, flip the second fraction, and change the division sign into a multiplication sign.

(19/8)/(7/4) = (19/8) x (4/7)

Multiply across

(19/8) x (4/7) = 76/56

Simplify.

76/56 simplified = 19/14

Change to mixed fraction

19/14 = 14/14 + 5/14 = 1 5/14

1 5/14 is your answer

hope this helps

7 0
3 years ago
Which polynomial lists the powers in descending order? A. –10 + 4x3 – 4x5 + 2x4 + x7 B. x7 – 4x5 + 2x4 + 4x3 – 10 C. x7 + 4x3 +
Artist 52 [7]
The answer for the exercise shown above is the option  B, which is: x^{7} -4 x^{5} +2 x^{4} +4 x^{3}- 10
 
The explanation is shown below:
 To list the powers of the polynomial given in the problem above in descending order, you must write the terms from the highest degree to the lowest degree. You have that the highest degree is 7
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(Because -10 x^{0} =-10(1)=-10. Therefore, you have that the correct option is the option B.
4 0
2 years ago
A recipe calls for 2/3 of a cup of milk. Zeinab wants to make 1/4 of the original recipe. How many cups of milk does Zeinab need
hjlf

Answer:

1/6 of a cup of milk. Or at least that's my answer.

Step-by-step explanation:

Okay, we need to find out 25% of 2/3.

25% of 2/3 is 1/6.

6 0
3 years ago
A baseball player has 39 hits in 134 times at bat. how many hits must he get in the next 46 times at bat to finish the year with
faust18 [17]

Answer:

He must get 33 hits in his next 46 times at bat to finish the year with a .400 batting average

Step-by-step explanation:

The player has already batted 134 times and will still bat 46 times. So in the end of the year, he is going to have 134 + 46 = 180 at bats.

How many hits does he need to have to hit .400?

This is 40% of 180, which is 0.4*180 = 72.

He has already 39 hits, so in his next 46 at bats, he will need 72 - 39 = 33 hits.

4 0
3 years ago
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