income - the amount of money, property, and other transfers of value received over a set period of time in exchange for services or products.
3/8 of income is rent. 360 is rent. How much is annual income3/8 of income is rent. 360 is rent. How much is annual income
Let i equal the annual income.
We're told the following:
3i/8 = 360
To solve for i, we [URL='https://www.mathcelebrity.com/prop.php?num1=3i&num2=360&den1=8&den2=1&propsign=%3D&pl=Calculate+missing+proportion+value']type this in our math engine[/URL] and we get:
i = [B]960
[MEDIA=youtube]8gue05tlEGQ[/MEDIA][/B]
A man invested part of $15,000 at 12% and the remainder at 8%. If his annual income from the investmA man invested part of $15,000 at 12% and the remainder at 8%. If his annual income from the investments is $1456, how much does he have invested at each rate?
Using our [URL='https://www.mathcelebrity.com/split-fund-interest-calculator.php?p=15000&i1=12&i2=8&itot=1456&pl=Calculate']split fund interest calculator[/URL], we get:
[LIST]
[*]Fund 1 Investment @ 12% = [B]6,400[/B]
[*]Fund 2 Investment @ 8% =[B] [B]8,600[/B][/B]
[/LIST]
A man invests $5,200, part at 4% and the balance at 3%. If his total income for the two investmentsA man invests $5,200, part at 4% and the balance at 3%. If his total income for the two investments is $194, how much money did he invest at each rate?
Using our [URL='https://www.mathcelebrity.com/split-fund-interest-calculator.php?p=5200&i1=4&i2=3&itot=194&pl=Calculate']split fund interest calculator[/URL], we get:
[LIST]
[*][B]Fund 1 = $3,800[/B]
[*][B]Fund 2 = $1,400[/B]
[/LIST]
A sample of 71 college students yields a mean annual income of $3595. Assuming that ? = $898, find tA sample of 71 college students yields a mean annual income of $3595. Assuming that ? = $898, find the margin of error in estimating µ at the 99% level of confidence
A sample of 71 college students yields a mean annual income of $3595. Assuming that ? = $898, find tA sample of 71 college students yields a mean annual income of $3595. Assuming that ? = $898, find the margin of error in estimating µ at the 99% level of confidence
A teacher who makes $54000 per year $8400 in taxes, and $1200 in union does what fraction of the teaA teacher who makes $54000 per year $8400 in taxes, and $1200 in union does what fraction of the teacher’s income does she have left
Calculate Net Income:
Net income = Earnings - Taxes - Union Dues
Net income = 54000 - 8400 - 1200
Net income = 44,400
Net Income Percent = 100% * Net Income / Earnings
Net Income Percent = 100% * 44,400/54,000
Net Income Percent = 100% * 0.8222
Net Income Percent = [B]82.22%[/B]
A woman earns $2400 per month and budgets $480 per month for food. What percent of her monthly incomA woman earns $2400 per month and budgets $480 per month for food. What percent of her monthly income is spent on food?
480/2400 using our [URL='http://www.mathcelebrity.com/perc.php?num=480&den=2400&pcheck=1&num1=16&pct1=80&pct2=70&den1=80&idpct1=10&hltype=1&idpct2=90&pct=82&decimal=+65.236&astart=12&aend=20&wp1=20&wp2=30&pl=Calculate']percentage calculator[/URL] is [B]20%[/B].
A woman whose income for the year was $42,800 paid $10,700 in taxes. What percent of her income didA woman whose income for the year was $42,800 paid $10,700 in taxes. What percent of her income did she pay in taxes?
Tax Percent = Tax Amount / Income * 100%
Tax Percent = $10,700 / $42,800 * 100%
Tax Percent = 0.25 * 100%
Tax Percent = [B]25%[/B]
An investor has $300,000 to invest, part at 12% and the remainder in a less risky investment at 7%.An investor has $300,000 to invest, part at 12% and the remainder in a less risky investment at 7%. If the investment goal is to have an annual income of $27,000, how much should be put in each investment?
Using our [URL='https://www.mathcelebrity.com/split-fund-interest-calculator.php?p=300000&i1=12&i2=7&itot=27000&pl=Calculate']split-fund interest calculator[/URL], we get:
[LIST]
[*][B]$120,000 in the 12% Fund[/B]
[*][B]$180,000 in the 7% Fund[/B]
[/LIST]
As a salesperson you will earn $600 per month plus a commission of 20% of sales. Find the minimum amAs a salesperson you will earn $600 per month plus a commission of 20% of sales. Find the minimum amount of sales you need to make in order to receive a total income of at least $1500 per month.
Let the amount of sales be s. The phrase [I]at least[/I] means greater than or equal to. Since 20% is 0.2, We want to know when:
0.20s + 600 >= 1500
We [URL='https://www.mathcelebrity.com/1unk.php?num=0.20s%2B600%3E%3D1500&pl=Solve']type this inequality into our search engine to solve for s[/URL] and we get:
s >= [B]4500[/B]
Bud makes $400 more per month than maxine If their total income is $3600 how much does bud earn perBud makes $400 more per month than maxine If their total income is $3600 how much does bud earn per month
Let Bud's earnings be b.
Let Maxine's earnings be m.
We're given two equations:
[LIST=1]
[*]b = m + 400
[*]b + m = 3600
[/LIST]
To solve this system of equations, we substitute equation (1) into equation (2) for b
m + 400 + m = 3600
To solve this equation for m, we [URL='https://www.mathcelebrity.com/1unk.php?num=m%2B400%2Bm%3D3600&pl=Solve']type it in our search engine[/URL] and we get:
m = 1600
To solve for b, we substitute m = 1600 into equation (1) above:
b = 1600 + 400
b = [B]2200[/B]
Budget Line EquationFree Budget Line Equation Calculator - Solves for any one of the 5 items in the standard budget line equation:
Income (I)
Quantity of x = Qx
Quantity of y = Qy
Price of x = Px
Price of y = Py
Each calendar will selll for $5.00 each. Write an equation to model the total income,y, for sellingEach calendar will selll for $5.00 each. Write an equation to model the total income,y, for selling x calendars
income (y) = Price * Quantity
[B]y = 5x[/B]
Earnings Before Interest and Taxes (EBIT) and Net IncomeFree Earnings Before Interest and Taxes (EBIT) and Net Income Calculator - Given inputs of sales, fixed costs, variable costs, depreciation, and taxes, this will determine EBIT and Net Income and Profit Margin
Harjap is a salesperson at an electronic store earning a base salary of $420 per week. She also earnHarjap is a salesperson at an electronic store earning a base salary of $420 per week. She also earns 2.0% commission on sales each month. This month she had $131600 in sales. What was harjaps gross income for this month?
[U]Calculate Monthly Gross Income:[/U]
Gross Income = Monthly Base Salary + Commissions
[U]Calculate Monthly Base Salary:[/U]
Monthly Base Salary = Weekly Base Salary * 4
Monthly Base Salary = $420 * 4
Monthly Base Salary = $1,680
[U]Calculate Commissions:[/U]
Commissions = Sales * Commission Percent
Commissions = $131,600 * 2%
Since 2% as a decimal is 0.02, we have:
Commissions = $131,600 * 0.02
Commissions = $2,632
[U]Calculate Monthly Gross Income:[/U]
Gross Income = Monthly Base Salary + Commissions
Gross Income = $1,680 + $2632
Gross Income = [B]$4,312[/B]
If david gets a $60 raise, he will be getting $290. What is his present income?If david gets a $60 raise, he will be getting $290. What is his present income?
Present Income = Post-Raise Income - Raise
Present Income = 290 - 60
Present Income = [B]230[/B]
Income Elasticity of DemandFree Income Elasticity of Demand Calculator - Calculates the income elasticity of demand using demand changes and income changes. Inputs are demand 1 and demand 0 and income 1 and income 0.
Isaac invested $5000 at two different rates, 4% and 6.5% if his total interest income was $250, howIsaac invested $5000 at two different rates, 4% and 6.5% if his total interest income was $250, how much did he invest at each rate?
Using our [URL='https://www.mathcelebrity.com/split-fund-interest-calculator.php?p=5000&i1=4&i2=6.5&itot=250&pl=Calculate']split fund calculator[/URL], we have the following investments per fund:
Fund 1: [B]$3,000[/B]
Fund 2: [B]$2,000[/B]
John is paid a retainer of $550 a week as well as a 2% commission on sales made. Find his income forJohn is paid a retainer of $550 a week as well as a 2% commission on sales made. Find his income for the week if in one week he sells cars worth of $80000
Set up the income function C(s) where s is the number of sales for a week. Since 2% can be written as 0.02, we have:
I(s) = Retainer + 2% of sales
I(s) = 550 + 0.02s
The problem asks for a I(s) where s = 80,000:
I(s) = 550 + 0.02(80000)
I(s) = 550 + 1600
I(s) = [B]2150[/B]
Leonard earned $100 from a bonus plus $15 per day (d) at his job this week. Which of the following eLeonard earned $100 from a bonus plus $15 per day (d) at his job this week. Which of the following expressions best represents Leonards income for the week?
We set up an income function I(d), were d is the number of days Leonard works:
[B]I(d) = 15d + 100
[/B]
Each day, Leonard earns $15. Then we add on the $100 bonus
Melinda is paid 17000 per year. She is also paid a sales commission of 5% of the value of her sales.Melinda is paid 17000 per year. She is also paid a sales commission of 5% of the value of her sales. Last year she sold 344000 worth of products. What percent of her total income was her commission?
Calculate Melinda's commission:
344,000 * 0.05 = 17,200
Calculate her total income for the year
Total Income = Base Pay + Commission
Total Income = 17,000 + 17,200
Total Income = 34,200
Calculate the percent of her income which is commission:
Commission Income Percent = 100 * 17,200/34,200
Commission Income Percent = 100 * 0.5029
[B]Commission Income Percent = 50.29%[/B]
My dad’s annual income is $8460. What is the monthly income of my dad?My dad’s annual income is $8460. What is the monthly income of my dad?
Monthly Income = Annual Income / 12
Monthly Income = 8460/12
Monthly Income = [B]$705[/B]
Solve ProblemA sample of 71 college students yields a mean annual income of $3595. Assuming that ? = $898, find the margin of error in estimating µ at the 99% level of confidence
The income i is directly proportional to working hours hThe income i is directly proportional to working hours h
The phrase [I]directly proportional[/I] means there exists a constant k such that:
[B]I = kh[/B]
The Palafoxes make $3,840 a month. They spend $1,600 for rent. What fraction of their income goes toThe Palafoxes make $3,840 a month. They spend $1,600 for rent. What fraction of their income goes to rent?
Rent Payment Fraction = Rent Payment / Total Income
Rent Payment Fraction = 1600 / 3840
Our greatest common factor of 1600 and 3840 is 320.
So if we divide 1600 and 3840 by 320, we get:
Rent Payment Fraction = [B]5/12
[MEDIA=youtube]DsXk6AKT18M[/MEDIA][/B]
You have $250,000 in an IRA (Individual Retirement Account) at the time you retire. You have the opYou have $250,000 in an IRA (Individual Retirement Account) at the time you retire. You have the option of investing this money in two funds: Fund A pays 5.4% annually and Fund B pays 7.9% annually. How should you divide your money between fund Fund A and Fund B to produce an annual interest income of $14,750?
You should invest $______in Fund A and $___________in Fund B.
Equation is x(.079) + (250,000 - x).054 = 14,750
.025x + 13,500 = 14,750
.025x = 1,250
[B]x = 50,000 for Fund A[/B]
So at 5.4%, we have 250,000 - 50,000 = [B]200,000[/B] for the other fund B.