Your realized income from your primary job is $2,034.24/month. Your fixed expenses are 30% of your primary job's realized income. You have a second job that pays $9.50/hr with deductions of FICA (7.65%), federal tax withholding (11.5%), and state tax withholding (7.75%). If you want to save enough in the next 10 months to have an emergency fund that will cover 5 months using only 20% of your discretionary monies from your primary job, how many hours per month do you need to work at your second job to meet your monthly savings goal? your answer goes here hr/month
Your realized income from your primary job is $2,034.24/month. Your fixed expenses are 30% of your primary job's realized income. You have a second job that pays $9.50/hr with deductions of FICA (7.65%), federal tax withholding (11.5%), and state tax withholding (7.75%). If you want to save enough in the next 10 months to have an emergency fund that will cover 5 months using only 20% of your discretionary monies from your primary job, how many hours per month do you need to work at your second job to meet your monthly savings goal? your answer goes here hr/month
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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2.6.5 - Quick Check: The Second Job
Consumer Math B (CL), 7.20 / 2. Budgeting / 2.6. The Second Job
Your realized income from your primary job is $2,034.24/month. Your fixed expenses are 30% of your primary job's realized income. You have a second job that
pays $9.50/hr with deductions of FICA (7.65%), federal tax withholding (11.5%), and state tax withholding (7.75%). If you want to save enough in the next 10
months to have an emergency fund that will cover 5 months using only 20% of your discretionary monies from your primary job, how many hours per month do
you need to work at your second job to meet your monthly savings goal?
your answer goes here
hr/month
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