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What is Catherine's total income if she has the following

sources of income: $3,500 from her job, $600 in interest from
investments, and $1,000 bonus?

User Orlo
by
8.1k points

1 Answer

6 votes

Final answer:

Catherine's total income is calculated by summing up her earnings from her job, interests from investments, and her bonus. The total amount is $5,100, resulting from adding $3,500 from her job, $600 from investments, and a $1,000 bonus.

Step-by-step explanation:

Catherine's total income can be calculated by adding her income from work, interest from investments, and her bonus. To find the total income, you simply add these amounts together: her income from her job which is $3,500, interest from investments amounting to $600, and a $1,000 bonus.

Thus, the calculation would look like this:

  • Income from job: $3,500
  • Interest from investments: $600
  • Bonus: $1,000

Adding these figures together, $3,500 + $600 + $1,000, gives us Catherine's total income, which is $5,100.

This simple addition of various income streams demonstrates how multiple sources of income contribute to the overall financial picture, and the strategy of using investments as a mean of generating passive income.

User Lex B
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8.3k points