If Mary's car payment is $232 per month, how much money does Mary pay annually in car
payments?
$232 * 12 (12 months in a year)
= $2,784 annually in car payments
Lilly’s gross weekly income is $325. If 4.5% of Lilly's monthly paycheck goes to health
insurance, what is Lilly's net income per month?
$325 * 4 (4 weeks in a month)
= $1,300 gross monthly income
$1,300 * .045 (deducted for health insurance)
= $58.50 deducted for health insurance (deducted means taken away therefore subtract)
$1,300 - $58.50
= $1,241.50 net monthly income
If Maria’s gross monthly income is $1,325 and her monthly expenses total $576, what is her net
monthly income?
$1,325 - $576 (expenses) (expenses are taken away from the total therefore subtracted)
= $749 net monthly income
Carol’s gross monthly income is $1,200. Each month 15% is deducted for taxes. What is Carol's
net annual income?
$1,200 * .15 (deducted for taxes)
= $180 deducted for taxes insurance (deducted means taken away therefore subtract)
$1,200 – 180
= $1,020 net monthly income
$1,020 * 12 (12 months in a year)
= $12,240 net annual income
If Jenn pays $1,000 for rent, $60 for electric and $150 for cable/internet each month, what are
her monthly expenses?
$1,000 + $60 + $150 (total means add)
= $1,210
Kevin gets paid $1,800 per week.If 4.5% is deducted for taxes each pay check, what is Mr.
Walker's net monthly income?
$1,800 * .045 (deducted each week for taxes)
= $81
$1,800 - $81 =
$1,719 net weekly income
$1,719 * 4 (4 weeks in a month)
=$6,876 net monthly income
Ryan takes home $1,180 every two weeks. What is her net annual income?
$1,180 * 2 (paid every two weeks, four weeks in a month)
= $2,360 net monthly income
$2,360 * 12 (12 months in a year)
= $28,320 annual net income
Lindsay takes home $1,200 every two weeks. Her monthly expenses total $575. What is her net
monthly income after expenses?
$1,200 * 2 (paid every two weeks, four weeks in a month)
= $2,400 net monthly income before expenses
$2,400 - $275
= $2,125 net monthly income after expenses
Brittany gross monthly income is $4,200. If 6% is deducted for taxes and she spends $600 on
expenses, how much does she have left each month?
$4,200 * .06 (taxes)
= $252 deducted for taxes
$4,200 - $252 (deducted for taxes)
= $3,948 (net monthly income after taxes)
$3,948 - $600 (expenses)
= $3,348 net monthly income (after taxes and expesnes)