Answer:
The family does not qualify for bankruptcy
Step-by-step explanation:
Expenses=$4,600
Yearly income=$58,000
Monthly income=Yearly income / 12
Monthly income=$58,000/12
Monthly income=$4,833.333333
Rounded to the nearest cent:
Monthly income=$4,833.33
Flowchart
No
Mean test. Calculate
Income=$58,000<$47,778=Median → (Monthly income - expenses)*60
Income ($4,833.33-$4,600)*60
($233.33)*60
$13,999.80
Call this number X. No
X=$13.999.80 < $10,000 → Do not
qualify
The family does not qualify for bankruptcy