Answer the following. Round all numbers to the nearest dollar.
-Jackson has just divorced and must pay child care to his ex. He earns $52,800 a year after income taxes from his job. He has some stock that pays a dividend of $429 per quarter. He lists "Other expenses" at $900 per month as he isn't quite sure yet what they will be, given that his car is getting old and may need replacement. Find his average monthly-after tax income, average monthly expense based on the numbers above, and the difference between the two. Based on your experience, is his budget reasonable? Does he have enough income?

Question

Answer the following. Round all numbers to the nearest dollar.
-Jackson has just divorced and must pay child care to his ex. He earns $52,800 a year after income taxes from his job. He has some stock that pays a dividend of $429 per quarter. He lists "Other expenses" at $900 per month as he isn't quite sure yet what they will be, given that his car is getting old and may need replacement.  Find his average monthly-after tax income, average monthly expense based on the numbers above, and the difference between the two. Based on your experience, is his budget reasonable? Does he have enough income?

Quizplus · Accepted Answer

The Answer of Answer the following. Round all numbers to the nearest dollar.
-Jackson has just divorced and must pay child care to his ex. He earns $52,800 a year after income taxes from his job. He has some stock that pays a dividend of $429 per quarter. He lists "Other expenses" at $900 per month as he isn't quite sure yet what they will be, given that his car is getting old and may need replacement.  Find his average monthly-after tax income, average monthly expense based on the numbers above, and the difference between the two. Based on your experience, is his budget reasonable? Does he have enough income?

Answer the Following