Question

You earn $43,383 at your job and you must pay 15% of your income in taxes. You then decide to save 10% of your disposable income. How much do you have left for consumption spending? Round to two decimal places.

Answer 1

Answer: $32,537.25

Explanation:

You earn $43,383 at your job. 25% is going to other places, (15%+10%).

25% is equal to 0.25

$43,383 * 0.25 = $10,845.75

43,383 - 10,845.75 = $32,537.25