A single individual whose monthly net pay is $3,700 and has a student loan payment of $200. O $1497.00 $1297.00 $748.50 O $648.50
A single individual whose monthly net pay is $3,700 and has a student loan payment of $200. O $1497.00 $1297.00 $748.50 O $648.50
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![A family of four who has a child support payment of $793 per month and a monthly net income of $7.,850.
$2963,00
$3756.00
O$1878.00
$1481.50
A single individual who has a monthly net income of $2000 and has no other payment obligations that will survive bankruptcy.
$200.00
O$2000.00
$2203.00
$0.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F613b771a-a697-492c-909a-2a85683f140a%2F7f2cd5eb-1698-4d24-934c-ff10876fe776%2Fjqcvldk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A family of four who has a child support payment of $793 per month and a monthly net income of $7.,850.
$2963,00
$3756.00
O$1878.00
$1481.50
A single individual who has a monthly net income of $2000 and has no other payment obligations that will survive bankruptcy.
$200.00
O$2000.00
$2203.00
$0.00
![Using the following chart calculate the amount of payment that would be required
under a bankruptcy for the questions below:
Superintendent's Standards - 2019
Family Unit's Available Monthly Income ($)
Persons S(S) 2,403 2,603 2,803 3,003 3,203 3,403 3,603 3,803 4,003 4,303 4,603 4,903 5,203 5,503 5,803 6,103
1
400 600 800 1,000 1,200 1,400
2,400 2,700 3,000 3,300 3,600 3,900
0
0
260 460 660
1,600 1,800 2,100
1,260 1,560
931
1,860 2,160 2,460 2,760 3,000 3,360
1,831 2,131 2,431 2,731)
0
0
0
0
0
1,231 1,531
0
509
809
1,109 1,409 1,709 2,009
0
0
259
559
859
1,159
1,459
0
0
0
266
566
866
0
0
0
0
0
272
2
3
4
5
6
7+
2,203 200
2,743
0
0
3,372
4,094
4,644
5,237
5,831
$748.50
0
0
O $648.50
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
860 1,060
231 431 631
0
0
0
0
0
0
0
0
0
0
0
0
A single individual whose monthly net pay is $3,700 and has a student loan payment of $200.
$1497.00
$1297.00
200
0
0
0
0
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F613b771a-a697-492c-909a-2a85683f140a%2F7f2cd5eb-1698-4d24-934c-ff10876fe776%2Fs62nqxt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Using the following chart calculate the amount of payment that would be required
under a bankruptcy for the questions below:
Superintendent's Standards - 2019
Family Unit's Available Monthly Income ($)
Persons S(S) 2,403 2,603 2,803 3,003 3,203 3,403 3,603 3,803 4,003 4,303 4,603 4,903 5,203 5,503 5,803 6,103
1
400 600 800 1,000 1,200 1,400
2,400 2,700 3,000 3,300 3,600 3,900
0
0
260 460 660
1,600 1,800 2,100
1,260 1,560
931
1,860 2,160 2,460 2,760 3,000 3,360
1,831 2,131 2,431 2,731)
0
0
0
0
0
1,231 1,531
0
509
809
1,109 1,409 1,709 2,009
0
0
259
559
859
1,159
1,459
0
0
0
266
566
866
0
0
0
0
0
272
2
3
4
5
6
7+
2,203 200
2,743
0
0
3,372
4,094
4,644
5,237
5,831
$748.50
0
0
O $648.50
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
860 1,060
231 431 631
0
0
0
0
0
0
0
0
0
0
0
0
A single individual whose monthly net pay is $3,700 and has a student loan payment of $200.
$1497.00
$1297.00
200
0
0
0
0
0
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