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Cassandra is a recent college graduate. She got a job as a sports team manager making $82,000 a year and she will have to move across country for the new job. Her moving expenses are $7500. She has also
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Cassandra is a recent college graduate. She got a job as a sports team manager making $82,000 a year and she will have to move across country for the new job. Her moving expenses are $7500. She has also started paying back her student loans and this year will pay back $1386 in student loan interest. What is Cassandra's Adjusted Gross Income (AGI)?

User Piotr Palka
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2 Answers

7 votes

Answer:

$73,114

Step-by-step explanation:

APEX:))

User David Silva
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3 votes
The Adjusted Gross Income (AGI) is calculated by subtracting from the reported income the amount that is lost throughout year as reported.
AGI = $82,000 - ($7,500 + $1,386)
AGI = $73,114
User Ricvieira
by
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