Note: Multiply a weekly income by 4, and bi-monthly income by 2, to calculate your total monthly income. S. Jessie has monthly fixed expenses of $1,850, variable expenses of $1,400 and savings of $600. 25 - 1850 = 159. 00 in his pocket. ( I = mx + b) Answer by josmiceli(19441) (Show Source):To calculate this, multiply your monthly income by 28 or 36 and then divide it by 100. Their food budget is $380 per month. Therefore, overtime pay is included in these calculations. 5% of his salary on room rental, $690 on food. Answer 9 people found it helpful llɱissMaɠiciaŋll Step-by-step explanation: Ethan salary is 1850 dollars per month. According to the above data: Basic Salary = 50,000– (2,000+1,500+1,000) = 45,500. What was Novak's net pay for the week? Novak's net pay for the week 5 1375 Your answer is correct. The salesperson works on a commission - he/she gets 14% out of every transaction, which amounts to $9. 5% of his salary on room rental, $690 on food and $940 on other expenses. 56. Multiply gross pay for one bi-weekly pay period by 26 to get the annual salary. Mathematics High School answered • expert verified Ethan' monthly alary i $1850. Speed. Contact Details Schedule. 85k Salary. answers: 1. This resulted in a decrease in net worth of $440. How much would he have to sell in a month if he needed to have a monthly income of $1900? Answer by mananth(16488) (Show Source):Welcome to the biweekly pay calculator, a tool with which you'll be able to:. C) ALICE’S MONTHLY BUDGET INCOME EXPENSES Home $500. Last Name. Factors that Influence Salary (and Wage) in the U. Biweekly pay is a salary or wage paid every two weeks, usually on Fridays. Instead, the state’s system is based on an individual’s income level. See Answer. People pay premiums to an insurance company b. Remember, Sam spends $1,540 each month on debt payments. So, if you work 2,000 hours per year and make $1,850 annually, you will make $0. 8 what is his monthly salary. amount overspent: Salary Calculator. The second issue has a coupon rote of 6. 78000 at the end of 6 years of service and Rs. c Ivan receives a net weekly pay of $2511. How to Use This Salary Calculator. N=;1% = 9. In a particular month, he spent 20. There are three tax brackets with rates ranging from 2% on your first $4,700 up to a rate of 5. Total income = $1850. Ethan's monthly salary is $ 1850. Question 900946: A local salesman receives a base salary of $950 monthly. D. City dwellers exploring houses for rent in Koreatown can expect to pay around $4,609/month. Calculate your biweekly income based on your hourly, annual, or any other rate;; Use the bi-weekly salary to calculate the annual salary; and; Much more. Andre was paid a biweekly salary of. Correct answers: 1 question: Ethan monthly salary is $1850 in a particular month he spent 20. Question: A local salesman receives a base salary of $500 monthly. At the end of the 5 years, Olivia is required to pay the balance owed (the "balloon" payment). 25 + 790 + 950 = 2426. Jessie’s gross annual salary is $91,800. Ethan is a physical therapist. Question: Novak's gross earnings for the week were $1850, his federal income tax withholding was $334, and his FICA total was $141 There were no state income taxes (a) Your answer is correct What was Novak's net pay for the week? 1375 Novak's net pay for the week $ eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) Journalize. He has a $175,000 mortgage. Food budget = $380. The fixed part is $925. Monthly Debt Payments That Are Included in the DTI Formula:This year she received a state income tax refund of $170. His biweekly salary is $3,985. In a particular month, he spent 20. Both bonds pay interest semiannually, the companys tax rote is 22. Explain why this calculation is appropriate and finish it for him. Write an equation that represents the total cost, c, in a monthAnswer: Step-by-step explanation: Given that, Ethan monthly salary is 2250. Express the amount that he overspent as a percentage of his monthly salary, giving your answer correct to 2. Last year, she received an increase in salary from the bakery, which brought her gross monthly earnings to $2,550, and she also opened up an IRA, to which she contributed $300. Because their present gross income has placed them in a relatively high tax bracket, they have decided to. People buy bonds from companies. answer answered Ark. Ethan's monthly salary is $1850. Total expenditure: . The second column is labeled Amount budgeted with entries 600, 230, 350, 100, 20, and 1,300 dollars. Estimated annual take-home pay $41,891 Monthly take-home pay (above /12) $3,491. By law, whenever a family moves to a new unit where the rent exceeds the payment. Area Median Income (for a family of four) is $142,300 (effective June 15, 2022) Maximum Income Limits by Household Size (effective June 15, 2022) These income limits are applicable for DHCA-administered programs (such as HOME, CDBG, HIF, Rental Agreements, PILOT, etc. 95, plus $3. This property is represented by Arrow Capital. What is Savannah’s annual salary? 6. The formula to calculate this would be x = (a × 28) ÷ 100, where a is your monthly income (1,260 = [4,500 × 28] ÷ 100). What percentage has he over spent? . 35. 3 Beds. 60 D) EXPLAIN YOUR ANSWER: Alice’s budget is not balanced because her monthly expenses exceed her monthly income—she is losing money at the end of. Michael earns $7780 per month. Monthly Net Income Your take-home pay, with the cost of payroll deductions for health insurance, 401(k) contributions, or other automatic savings added back in. Korey's monthly net income will not be affected by the change. What is a Take-home pay? A take-home pay refers to an amount received after deduction of tax, insurance, deductions from an employee's gross monthly salary. 5% of his salary on room rental, $ 690 on food and $ 940 on other expenses. ; Now divide the result of Step 2. Get started for free!Question 1126984: A local salesman receives a base salary of $625 monthly. His monthly expenses include: $940 in rent, $940 in recreational expenses, $400 in food, $380 in auto payments, $280 in gas and maintenance, $720 in student loan repayments, $270 in credit card payments, and $1850 in miscellaneous. His biweekly salary is $3,985. Question: Hana starts her first employment with a monthly salary of RM1850 for the first year. What is the maximum amount that Ethan can afford for monthly housing costs? Use the Gross Debt Service Ratio. The 28% rule isn’t universal. Use our comprehensive salary data 3 to negotiate with confidence and increase your pay. For example, a salary for a marketing manager might be $75,000 per year. See answers. What is his annual salary? 7. 09x-108 1000-800+108=0. $1,850–$2,900. $74,642 /year. Question 1057741: vacuum cleaner salesperson's monthly income depends on the amount of her sales. 09*(x-1200) 1800=800+0. c. 2% (SUI) 0. . Ethan's monthly salary is $1850. For example, if you file as an individual and your combined income is between $25,000 and $34,000, you may have to pay income tax on up to 50% of your benefits. For example, if your annual income is $60,000, the monthly total is $5,000. ex. While this is an average, keep in mind that it will vary according to many different factors. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. (Most Statistics are from the U. To maintain your desired lifestyle in retirement - From age 66 through 95, you will need total savings of. 2% on a maximum earnings threshold of $132,900 per year and Medicare taxes are 1. Note: This calculator does not calculate monthly salary based on a 4 week month. So let's take a moment here and just talk finances. If ethans monthly expenses are 1160 and his debt to income ratio is 0. 67. What percent of the salary is spent on rent? - 14539888 Wage Calculator How to Use This Salary Calculator Earn Extra Money More Annual Income Wage Calculator Earn Extra Money You can earn extra money by starting a part-time business from home. If one payment date falls on a holiday, the standard practice is making the payment on the previous day (i. In Alen’s example above, $1,139*2 monthly. 2 point QUESTION 22 Ethan purchases a new house for $170,000. First Name. Solving maths questions by AI calculator and real live tutors. How much would he have to sell in a month if he needed to have a monthly income of $2800 ?Her monthly payment for the 5 years is calculated on the basis of a 30-year conventional mortgage at the rate of 2%/year compounded monthly. Express the amount that he. 500 3200-1150-1550(addtl senior deduction)=500. Express the problem as follows, where "r" stands for the monthly rent: 150/100 = $850/r. Antonio could reduce his monthly entertainment expenses by $75 and his food expenses by $50 to pay the monthly rent. A. This may be higher or lower, depending on the. Should Tyler and. Many people have more vacation time though. Savannah is a career coach. 5%on his salary on room rental $690on food and $940 on other expanses . 11 as a decimal, so we have: 0. Gateries O. To calculate your debt-to-income ratio, first add up your monthly bills, such as rent or monthly mortgage payments, student loan payments, car payments, minimum credit card payments, and other regular payments. Restaurant Ethan. The landlord looks at their creditworthiness because he wants to. So if you make $2,000 every other week, divide that amout by 80 and you would. 66 daily, and $32. A salesperson earns a salary of $700 per month plus 2% of the sales. First Name. Her savings accounts earn 2% interest per year, and she also had. Which purchase will he be able to pay for with cash? A. A. 67. 95 an MP3 player for $35. Calculate Korey's monthly gross profit. As a general rule, you should spend no more than 30% of your monthly income on rent. 1 ba. Gauthmath help millions of students learn. Monthly credit payments =. For example, with a $4,500 monthly income, you should spend no more than $1,260 on monthly housing expenses. Local salesman receives a base salary of $650 monthly. Debt-to-income ratio (DTI) The total of your monthly debt payments divided by your gross monthly income, which is shown as a. What Percent Of The Salary Is Spent On; Mathematics Middle School. Bathrooms. r = $566. (Most Statistics are from the U. Liquid assets = $6700. Welcome to iCalculator AU (Australia), this page provides a 2023/24 Australia $ 1,850. 2. The automatic plan selected by the loan system for loan repayment is called the Standard Repayment Plan. $1368. 09x - 171 + 1000 = 3000. If you work 2,000 hours a year. $1,650 - $1,850. It can be used for the 2013–14 to 2022–23 income years. As a year contains 52 weeks, there are 26 biweekly payments annually (52/2 = 26). A company's net income, which can also be called to as operating revenue, net earnings, or just profit, calculates. ex. $234 D. He has a stamp collection worth $1,250 and he has $300 in a bank account. 45. monthly income. The median weekly pay was $1,144 for men and $943 for women. Debt to income ratio = 0. ) into its equivalent stated in all other common periodic terms. The net income will be the difference between how much money enters the store and how much he needs to pay. 23 an hour after taxes. Now, to find the percent of their monthly income is budgeted for food. І cG d.