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Brums [2.3K]
3 years ago
14

1.Your primary job’s gross income is $3,500.00/month, and your second job’s realized income is $368.49/month. Deductions are FIC

A (7.65%), federal tax withholding (10.75%), and state tax withholding (8.35%). How much is the income on your monthly budget?
2.Your fixed expenses are $1,035.65/month and are 36% of your realized income. use proportions to compute the realized income on your budget.
Mathematics
1 answer:
bazaltina [42]3 years ago
3 0
Part 1
Total income per month = $3,500+$368.49 = $3,868.49
Total deductions = 7.65%+10.75%+8.35% = 26.75% = 0.2675

Net income = Total income - Deductions = Total deductions (1-0.2675) = $3,868.49 (1-0.2675) = $2,833.67

Part 2
Fixed expenses = $1,035.65 which is 36% of realized income.

Then, if realized income is 100%;
$1,035.65 ------------------ 36%
$ Realized income ----- 100%
Therefore,
Realized income = 1,035.65*100/36 = $2,876.81
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Step-by-step explanation:

Since we have given that

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Since the ratio of red paint to yellow paint is given by

14:12\\\\7:6\\\\1:\frac{6}{7}

So, for every 1 can of red paint, the number of yellow paints used by the painter is \frac{6}{7}

Similarly,

If Number of can of red paint is used = 34

So, Number of cans of yellow paint will be

\frac{6}{7}\times 34\\\\=\frac{6\times 34}{7}\\\\=29\ approx.

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ivann1987 [24]
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Step-by-step explanation:

<h3><u>Given:</u></h3>

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