Alberto Romez earned $100,000 last year as a Mercedes sales rep. He paid $10,000 in taxes, and another $25,000 on food, housing and other necessities. Alberto's discretionary income was _________________.

Question

Quizplus · Accepted Answer

Alberto's discretionary income is calculated by subtracting his necessary expenses (taxes and living expenses) from his total income. 
$100,000 - $10,000 - $25,000 = $65,000 
Therefore, Alberto's discretionary income is $65,000.

Alberto Romez Earned $100,000 Last Year as a Mercedes Sales