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.
Step-by-step explanation:
4v+6=2(2y+3)
4v+6=4y+6
-4. -4
6=6
Answer:
angle M
Step-by-step explanation:
if you are using side angle side the two sides may be
line LK and NK
and angle M
Answer:
26
Step-by-step explanation:
AB=CB so
3x+8=7x-16
-4x=-24
x=6
then plug that x value into the length which is 3x+8
so 3(6)+8=18+8=26
