Answer: $3,581
Step-by-step explanation:
As she plans to save from her net income, we have to find the net income first:
= Net income - Federal taxes - Social and Medicare taxes
= 33,000 - (33,000 * 20%) - (33,000 * 7.65%)
= $23,875.50
The savings will be:
= Net income * Savings percentage
= 23,875.50 * 15%
= $3,581.325
= $3,581
X=weekly allowance
x/2=money saved (= money spent).
We can suggest this equation:
x/2+4=12
lowest common multiple=2
x+8=24
x=24-8
x=16
Answer: her weekly allowance is $16.
5280 divided by 4224 equals 1.25
30 because 0.3 * 100 = 30
