ceejay4805 ceejay4805

Today at 12:45 AM
Business

Answered

Eve earns $68,000 per year as a lecturer. Each year, she spends $36,000. She gives $1,000 to charity and pays $16,000 in taxes. Of the money she has left, she saves $13,000 and invests $2,000 in the stock market. Calculate her personal savings rate. Round to the nearest whole percentage point.

Answer :

osaruevbuomwan osaruevbuomwan

Today at 12:50 AM

Answer:

Eve's personal saving rate is 22%

Explanation:

Personal saving rate = savings/ income

($2,000+$13,000)/$68000 X 100

$15000/$68000 X 100 = 22.05%

Roundest to the nearest whole percentage = 22%

Answer Link

Other Questions

is an enterprise business strategy that creates a common repository of product information and processes to support the collaborative creation, management, dis

The top speed of a plane is 236 m/s at which its kinetic energy is 976,000 J. What is its mass?

Analysis of Potassium-40 / Argon-40 determines that 37.5% of the Potassium-40 remains and 62.5% has decayed to Argon-40. What is the age of the rock? A. 1.3 bil

The top speed of a plane is 236 m/s at which its kinetic energy is 976,000 J. What is its mass?

hich is an example of reactive aggression? A. Joanie hits Lexie after Lexie bumps into her during a game of catch. B. Adrian tells Frank that he's a sissy and e

sentences.Rearrange the words in the brackets to form noun phrases and rewrite theMilli was given the task of (family - cooking - entire - for - the)

If the normal force is doubled, then coefficient of friction is (A) halved (B) tripled (C) doubled (D) not changed and why?

write a query to display number of distinct salaries present in employee table?

Circle the verbs and underline the adverbs in the following sentence. 1 Saints sang beautifully.

6(x+2)² - 5(x+2)-4 Factorise

According to Lenz's law, the induced current in a circuit always flows to oppose the external magnetic field through the circuit. According to Lenz's law, the i

During 2019, the Bowtie Company reported net income of $1,872 million, depreciation expense of $1,412 million and $978 million paid for purchases of property, p

Jeanne Edwards works as a campaign manager at Rainforest Alliance Trust, a forest protection organization in Indonesia. She is currently working on the Palm Oil

Explanations: a. In undisturbed rock layers, the oldest layer is at the bottom and the youngest layer is at the top. b. In some rock formations, layers or parts

Darren and Nikki own a cabin in Mammoth, California. During the year, they rented it for 45 days for $9,000 and used it for 12 days for personal use. The house

Camino’s cost of goods sold and operating expenses are 80 percent variable and 20 percent fixed. Camino has received an offer from a professional wrestling asso

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supple

MC algo 13-11 Capital Structure Weight Kim's Bridal Shoppe has 11,900 shares of common stock outstanding at a price of $53 per share. It also has 300 shares of

what would happen in the market for loanable funds if the government were to increase the tax on interest income the demand for loanable funds would shift right

In Erikson's eight stages of psychosocial development, which of the following is the positive outcome of the fifth stage, called identity-versus-identity-confus