The following tables show expenses and income for various individuals. Find each person’s net monthly cash flow (it may be negative or positive). Assume that amounts shown for salaries and wages are after taxes and that 1 month=4 weeks. Income Expenses Salary: $36,000/year Pottery sales: $200/month House payments: $800/month Groceries: $150/week Household expenses: $400/month Health insurance: $250/month Car insurance: $600 twice a year Savings plan: $200/month Donations: $600/year Miscellaneous: $800/month
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
The following tables show expenses and income for various individuals. Find each person’s net monthly cash flow (it may be negative or positive). Assume that amounts shown for salaries and wages are after taxes and that 1 month=4 weeks.
| Income | Expenses |
|---|---|
|
Salary: $36,000/year Pottery sales: $200/month |
House payments: $800/month Groceries: $150/week Household expenses: $400/month Health insurance: $250/month Car insurance: $600 twice a year Savings plan: $200/month Donations: $600/year Miscellaneous: $800/month |
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