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As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If youcharged $10.25 an hour for your assistance, about how many hours would you need to work toearn $8,425? Show your work.
Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, howmuch money would you owe in taxes at the end of the year? Show your work.
Your parents have been advised to save 5% of their income for your college education, whichwould include money for housing, tuition, books, and fees. How much would your parents havesaved in one year, following the recommended 5%, if they had an average household income of$48,948? Show your work.

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Term
Spring
Professor
jelly
Tags
Household income in the United States

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