Income The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it could be positive Part-time job: $800/month $400/month or negative). Assume salaries and wages are College fund from grandparents: after taxes. When you need to convert between weeks and months, assume that 1 month = 4 weeks. Scholarship: $6000/year The net monthly cash flow is $ . (Round to the nearest dollar as needed.) Expenses Rent: $450/month Groceries: $70/week Tuition and fees: $2400 twice a year Incidentals: $90/week
Income The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it could be positive Part-time job: $800/month $400/month or negative). Assume salaries and wages are College fund from grandparents: after taxes. When you need to convert between weeks and months, assume that 1 month = 4 weeks. Scholarship: $6000/year The net monthly cash flow is $ . (Round to the nearest dollar as needed.) Expenses Rent: $450/month Groceries: $70/week Tuition and fees: $2400 twice a year Incidentals: $90/week
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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7. net monthly cash flow

Transcribed Image Text:The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it could be positive or negative). Assume salaries and wages are after taxes. When you need to convert between weeks and months, assume that 1 month = 4 weeks.
**Income**
- Part-time job: $800/month
- College fund from grandparents: $400/month
- Scholarship: $6000/year
**Expenses**
- Rent: $450/month
- Groceries: $70/week
- Tuition and fees: $2400 twice a year
- Incidentals: $90/week
The net monthly cash flow is $______. (Round to the nearest dollar as needed.)
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