Question

Jenna works at the grocery store and earns $9 an hour. She is busy with extracurricular activities and only works 20 hours during the week. However, she picks up an eight hour Sunday shift once a month, for which she earns time and a half. Jenna also lives at home and has health insurance under her moms plan. She is expected to pay for her own car repairs, maintenance and gas, as well as her auto insurance, which costs $1,000 a year. Jenna wants to take a trip to Mexico with her friends next year, which will cost $1,500.

*Remember to compute net pay by taking 20% out for taxes*





Somebody please help me... Im about to cry because I dont know what to do :(

Answer 1

earnings/per year - cost/per year - taxes = profits

Step-by-step explanation:

20 h /week a year has 4 weeks 20*52=1040 h/month

8h /1sunday a year she only work 12 sundays 8h*12=96h

$9 /h earnings

$1000 fixed costs

$1500 travel

20% taxes

1040+96= 1136h/year

1136*9= 10224 $/year total earnings

10224-1000-1500=7724 profits before interest and taxes

7724*(1-0.20)=6179.20 total profits