You plan on purchasing a car in the next year. The car that you are interested in lists for $23,000 after taxes, license, and doc fees. You currently have two-thirds of the vehicles value saved and you get paid $1,312.00 twice a month. Given that monthly expenses total $1,150.12, Social Security is 6.2% of your income, Medicare is 1.45% of your income, and you pay State and Federal taxes in the amount of $53.00 and $101.35, respectively, twice a month, determine in how many months you will have to save for so that you can purchase the car without financing. Round all your answers to the nearest cent. Round your answer to the nearest month.
a.
7 months
c.
8 months
b.
6 months
d.
9 months

Answers

Answer 1

Answer:

c. 8 months.

Step-by-step explanation:

First let's break down all the expenses and taxes to come up with how much we save each month and subtract it to our total salary monthly.

Total Salary : $1312.00 x 2 = $2,624.00

Current Savings : 2/3 or 0.67 = $15333.33

| Expenses |

Monthly Expenses : $1,150.12

Social Security : 6.2% or 0.062 x 2,624 = $162.69

Medicare : 1.45 or 0.0145 x 2,624 = $38.05

Taxes: $53 + $101.35 = 154.35 x 2 = $308.7

So we sum up all the expenses.

= $1659.56 Total Expenses.

Now we have to find how much extra money we have each month.

= $964.44 Extra Money

Now we subtract our current savings to the total price of the car.

= -7666.67 Balance

Now we divide the total balance to our extra money monthly.

= 7.949 Months or 8 Months


Related Questions

I will give brainliest to who answers RIGHT.

Answers

Answer:

RIGHT

Step-by-step explanation:

Where is the blue dot on the number line?

Answers

It’s ok 4.9 hope that helped

Answer:

on the number line the blue dot is co ordinate 4.9

I’m confused how do you know where to put the plus and minus signs when rearranging the equation?

Answers

-5/12k +29/36m is simplified

factor 24k+36q-12 to identify the equivalent expressions

Answers

Answer:

12(2k + 3q - 1)

Step-by-step explanation:

Answer:

The answer is a and b.

Step-by-step explanation:

It's a khan academy question and I answered a and b, and I got it right.

Write an absolute value equation for the following graph *picture attached *

Answers

Answer:

What is the difference between the absolute values of 3 and  9?

Step-by-step explanation:

Absolute value of 3: 3

Absolute value of 9: 9

9 - 3 = 6

I dont know if this helped but im hoping it does

Combine the like terms to create an equivalent expression:
-3.x - 6+(-1)

Answers

I think it’s -19 I’m not sure tho

Find the discriminant and the number of real roots for this equation.
x²+2x+7=0
O A. -24; one real root
B. 28; two real roots
C. -24; no real roots
D. 28; one real root
SUBMIT

Answers

Answer:

C. -24 no real roots

Step-by-step explanation

There are 75 students enrolled in camp. The day before the camp begins, 8℅ of the students cancel. how many students actually attend the camp?​

Answers

69 kids still attend

Nester needs a cover for his circular outdoor pool. The circumference of the cover must be 16 meters. Which quantity is closest to the area of the pool cover measured in square meter?

Answers

Answer: 200.96

A - C/r,        d = 16 ⇒ r = 8

A = (16π/2) (8)

= 8π (8) = 64π

A = 64 (3.14) ?

64 (3.14) = 200.96

Write expression for
Ray picked 30 apples and put them equally into 3
baskets. Then he ate two of the apples in a basket.

Answers

Answer:

30/3-2=28

Step-by-step explanation:

Evaluate: 13 × 20 – 15 × 9 + 20 × 7 – 6 × 15.

Answers

Answer:

175

Step-by-step explanation:

13 × 20 – 15 × 9 + 20 × 7 – 6 × 15 = 175

a cash prize of $4,800 is awarded at a fundraiser. if 1200 ticket's are sold at $9 each find the expected value​

Answers

Answer:

is 10,800

Step-by-step explanation: you multiply 1,200 x 9


Write an equation that represents the line.
Use exact numbers.

Answers

Answer:

1x,5y

Step-by-step explanation:

Write an equation of the line passing through the given point ​(5​,−5​) and having the given
slope m=−9. Write the final answer in​ slope-intercept form.

Answers

Answer:

y=-9x+40

Step-by-step explanation:

y-y1=m(x-x1)

y-(-5)=-9(x-5)

y+5=-9x+45

y=-9x+45-5

y=-9x+40

complete the equation of the line through ( 3,1) and ( 4,7) .
can someone else help me pleased .​

Answers

Answer:      y = mx + b        m = 8              b = -25

Step-by-step explanation:

Which of the binomials below is a factor of this trinomial?
3y2 + 18x+ 24

Answers

Answer: 6 (y + 3x + 4)

- Multiply 3y x 2 = 6y
6y + 18x + 24

- Factor out 6 from the expression
6 (y + 3x + 4)

What is the rate of change, or slope, for this set of ordered pairs: (-3,9 and (0,15) *please show work*

Answers

B.
(y2-y1)/(x2-x1)
Hope this helps!!!

Answer:

Step-by-step explanation:

slope, m=(y2-y1)/(x2-x1) in this case

m=(15-9)/(0- -3)

m=6/3

(m=2)

A library had a used book sale for 4 days. The library paid $25 for an advertisement each day of the sale and sold each book (b) for $2.00. The expression below represents the amount of money the library raised at the book sale. How much money was raised when 400 books were sold per day?

Answers

Answer:

1,982

Step-by-step explanation:

i got It right on edge 2020

The library raised $320,100 when 400 books were sold per day.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

Number of days book sale = 4

The library paid for advertisement each day = $25

Cost of each book (b) =  $2.00.

The expression represents the amount of money the library raised at the book sale.

= 4(25) + 2b(400)

Now,

Substitute b = 400 into the expression.

= 4(25) + 2(400)(400)

= 4(25) + 320000

= 320100

Therefore,

The library raised $320,100 when 400 books were sold per day.

Learn more about expressions here:

https://brainly.com/question/3118662

#SPJ2

Helpppppp fasttttttttt pleaseeeeeee

Answers

Answer:

commutative

Step-by-step explanation:

Answer:

b

Step-by-step explanation:

Commutaive

Which expression shows another way to write 36+16?
4(9)+4
4(9+4)
6(6+8)
(6+4)(6+4)

Answers

Answer:

36+16= 52

4(9)+4= 40, which does not equal 52.

4(9+4) = 52.

6(6+8) = 84, which does not equal 52.

(6+4)(6+4) = 100, which does not equal 52.

So, 4(9+4) is correct.

Let me know if this helps!

Round to the nearest tenth

Answers

Answer:

Should be 36

Step-by-step explanation:

1. a^2 + 48^2= 60^2

2. a^2 + 2304 = 3600

3. Simplify: a^2 = 1296

4. Find the sqrt which is 36

Help pls pls help pls

Answers

Answer:

D. 118°

Step-by-step explanation:

90 + 28 = 118

good luck, i hope this helps :)

Answer:

D

Step-by-step explanation:

give them brain, they're correct.

f(x) = 7^x
9(x) = 7^x+6
Which statement about f(x) and its translation, g(x), is
true?

Answers

Answer:

5x and its translation, g(x), are shown on the graph. What is the ... domain: {x | x is a real number}; range: {y | y > -9}; asymptote: y = -9. f(x) = 7x g(x) = 7x + 6. Which statement about f(x) and its translation, g(x), is true?

Step-by-step explanation:

I need to find cos^-1 (1/2)

Answers

Answer:

1.04719755 or π/3

Step-by-step explanation:

Hope this helps

What is the product of 3x(x2 + 4)?
O x2 + 3x + 4
O 3.3 + 4
O 3.3 + 12x
O 3.x2 + 12x

Answers

Answer:

The fourth option

I need help on these problems!! Please help

Answers

Answer:

1. 6cm

2. 14cm

3. 12cm

4. 8cm

5. 9cm

6. 5cm

Step-by-step explanation:

Hope this helps

Ok, I wanna do a challenge to test your math brain. What is 543 times 123, dont use a calculator please, this is to try to motivate you to get this right. First answer gets brainliest, have fun (:

Answers

Answer:

66789

Well you never told to explain :/

Not tryna be smart just saying

Answer:

66789

Step-by-step explanation:

3 times 3 is 9, 3 times 4 is 12 carry the 1, 3 times 5 is 15 plus the 1 is 16

Add a 0 underneath the other numbers, 2 times 3 is 6, 2 times 4 is 8, 2 times 5 is 10

Add  two 0's 1 times 3 is 3, 1 times 4 is 4, 1 times 5 is 5

Add all of them and you get 66789

twice a number is seven more than the number itself

Answers

Answer:

I think it is 2x(7 + x)

Step-by-step explanation:

i am wrong, im so sorry

-3 < n < 1
n is an integer.
Write down the possible values of n.

Answers

Answer:

-2, -1

Step-by-step explanation:

they're the only integers you can get

...................Simplify 43.45

Answers

Answer:

9.31st 91 35 5789 400th

Step-by-step explanation:

43.45+567=

9.3

The answer for this question is 9.3
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