You have been hired for your dream job in healthcare. Your salary is $10,000 per month. Your taxes are $2500 per month. Your rent, food and transportation are a total $5000 per month. How much is your gross income? How much is your disposable income? What is another more common word for disposable income? How much is your discretionary income? Give me one example of what you would use your

Q: Linda can borrow or save money at an interest rate of 10%. Consider a simple two period model in…

A: (a) Linda's budget line is given by the equation: C1 + (1 + 0.1)C2 = 20000 + (1 + 0.1)(20000 -…

Q: credit reduce your taxe

A: Tax credit is a term used in determining the final tax payable. It is the amount of money by which…

Q: Assume that your starting salary will be $55,000 per year, and assume that you have no additional…

A: Gross Annual income = A = $$ 55,000Tax rate, T = 27%Net annual income, B = A x (1 - T) = $ 55,000 x…

Q: You and your spouse are in good health and have reasonably secure jobs. Each of you makes about…

A: The basis for the DINK (Dual Income, No Kids) approach to calculating insurance needs is the idea…

Q: Assume that you have just turned 21, are graduating from college, and are planning for your…

A: Payments at age 22 and 23 = $2000Payments from age 24-30 = $10,000Payments from age 31-30 =…

Q: Assume that you begin saving 3% of your total income in an employer-provided retirement plan at…

A: The savings of the employee are increasing by fix rate of 2% each year, while the income is…

Q: The production manager of Rordan Corporation has submitted the following quarterly production…

A: Total Direct labor hours needed = Units to be produced x Direct labor time per unit (hour) Total…

Q: oclety percent of population iS fo groups. group percent of the population is poor. Consider two…

A: Average income is the income of per person that has earned by the individual on monthly or yearly…

Q: Home ownership has other expenses, including taxes, homeowner's insurance and utilities. The annual…

A: Amount borrowed = $145,000 a) Annual property tax = 1% of amount borrowed = $145,000×1%=$1,450…

Q: You have a job offer of $51,600. You are paid semi-monthly, and you want to buy health insurance…

A: After all deductions and withholdings from an employee's gross pay have been taken out, the…

Q: You are the wage earner in a "typical family" with $40,000 gross annual income. Use the easy method…

A: In this question, we are required to determine the insurance amount needed by the easy method.

Q: Review your list of personal financial goals. For each goal, how does the U.S. Tax Code help or…

A: The U.S. tax code is a code which is made by the federal government for individuals and businesses.…

Q: You just graduated and started your new job. Your starting salary is $80,000/year. Your employer's…

A: Let's examine each stage in more detail:  If you make no contributions, how much ($) will your…

Q: Joe and Jane are considering the purchase of a home where the principal and interest will be $750…

A: To determine if Joe and Jane qualify to buy the home based on their income and existing debts, we…

Q: Q. Suppose that your tuition ( ) to attend college is JD 1,500 per year and you spend JD 1,000 per…

A: Note: “Since you have asked multiple question, we will solve the first question for you. If you want…

Q: A person works and earns $3315 dollars but on a pay stub pays 39% to tax. How much money is left…

A: Data given: Earning=$3315 Tax =39%

Q: Expense Tuition $3700/year Rent and utilities $650/month Food $70/week Cell phone $40/month Clothing…

A: Budgeting is the summary of all the Expenses and income over the particular period of time based…

Q: n this question we are going to look at how small differences in your saving and spending practices…

A: Here, Case-A -You spend $1500 and save $500 Case-B- You spend $1000 and save $1000 Case-C- You spend…

Q: You are still debating about the two different computers. If you are paid $10.00/hour and your…

A: Payroll deductions are the amount of wages that are taken from an employee's total earnings in order…

Q: What percent of Hal's income does he spend on housing

A: Mortgage - An amount which is borrowed for specific purpose.  Installment Payment includes the…

Q: Read the article above and answer the questions that follow this scenario. Hon. Anna is a minister…

A: NOTE : As per BARTELBY guidelines, when multiple questions are given then first question is to be…

Q: You just graduated and started your new job. Your starting salary is $80,000/year. Your employer's…

A: d)Time period (n) =40 yearsRate of interest (I) =8% p.aAnnual Contribution = $8000Total amount at…

Q: 've got a quick question for you: I was contacted by a recruiter to take a Director position at a…

A: Taxes are forced contributions imposed by a agency on individuals or corporations, whether…

Q: Dana is an account representative at Ever Pharmaceuticals. Dana has a company car for customer…

A: = ( 2 * miles in each direction ) * No of weeks *  benefits rate per mile

Q: What information is missing that is necessary for you to solve this problem? "David buys a car for…

A: A question has been stated. However information provided there are not adequate. The missing pieces…

Q: Angelo has a yearly salary of $65,800. If he pays a 15% federal tax, a 6.2% social security tax, a…

A: YEARLY salary =65800 Total tax=15+6.2+6+3.5=30.7%

Q: You and your spouse are in good health and have reasonably secure jobs. Each of you makes about…

A: DINK refers to double income, no kids category of insured. In this time of insurance category, both…

Q: I earn $50,000 per year, which is called my “gross income." But I only take home $39,500 each year,…

A: Introduction:- Income is the monetary value of an entity's consumption and saving opportunities…

Q: Sedki earned $119,750 in 2014. How much did he pay in Social Security taxes? In Medicare taxes? In…

A: FICA taxes stands for Federal Insurance Contributions Act refers to the payroll tax paid to the U.S.…

Q: What is the dollar amount of the tax credit

A: A tax credit refers to a dollar for dollar reduction of the income tax owed.

Q: 1.Cecilia and Nathan estimate their total cost for a vacation in Australia to be $14,775. a. What…

A: SOLUTION TOTAL COST IS THE TOTAL EXPENDITURE INCURRED TO PRODUCE SOME TYPE OF OUTPUT.

Q: 1. Assume that you begin saving 3% of your total income in an employer-provided retirement plan at…

A: An "income growth strategy" refers to a deliberate plan or approach aimed at increasing one's…

Q: If you have a small business and you are earning Php 10,000 a month, should you pay any tax?

A: Taxation is defined as the financial charge imposed on an individual levied by the authority or…

Q: Kristen Lu purchased a used automobile for $18,950 at the beginning of last year and incurred the…

A: Relevant costs are expenses and revenues that directly impact a specific business decision. These…

Q: Round your answer to the nearest penny.  Input dollars and cents.  1. Frankie earned $28,700 last…

A: Social Security tax-This tax is levied  on employees as well as on employers and the tax so…

Q: You are working as an analyst for a financial advisor. One of your clients says they want to retire…

A: Annual withdrawal (P) = $55,000Annual interest rate (r) = 6.5% or 0.065Number of years (n) = 30We…

Q: Calculate her debt payments-to-income ratio with and without the college loan. (Remember the 20…

A: Net Madeline's monthly income:   Gross income 1300 Less: Taxes deducted 340 Net Madeline's…

Q: (i) Determine how much of a monthly Neal and Joanne can afford. (Use the Expense Ratio from your…

A: The maximum mortgage they can afford to pay depends on the annual income and the payment of other…

Q: 12. Ted has an adjusted gross income of $120,006. He wants a house with a monthly mortgage payment…

A: The formula of Front-end & Back-end Ratio: Back-end Ratio: Front-end Ratio:

Q: Suppose you earn $60,000 per year and pay taxes based on marginal tax rates. The first tax bracket,…

A: Given: First tax bracket: 5% for $0 to $30,000. Second tax bracket: 20% for $30,001 to $120,000.

Q: You just graduated from college and landed your first "real" job, which pays $46, 000 a year. In 14…

A: Future income  is  $54,737.91

Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.