Mathematics, 10.05.2021 18:20 iamasia06

HELP PLSSS Using your Job, Starting salary, and Location from assignment 1, do this assignment.

Taxes are taken out of everyone's pay check that makes more than $5000 per year. Historically, the combined rate for social security and income taxes for a single person is about 26%.

I want you to take your starting salary and deduct 26% from it. After that, I want you to find your Monthly income. You can do that by dividing your salary (after taxes) by 12.

Once you have your yearly salary after taxes and your monthly salary, I want you to find a house or apartment for rent that costs less than 40% of your monthly salary in the city you want to work in. You can use zillow or some other listing service to find the homes or apartments for rent. You can even call the office of different apartment complexes to determine the rental prices. Link the home or apartment in your answer. If you cannot find a place that costs less than 40% of your monthly salary, you need a roomate and must look a 2 bedroom house or apartment.

Answers:

Nurse in Seattle, WA. making $70,000.

Yearly Salary after taxes: $70,000*.74 = $51,800 per year after taxes.

Monthly Salary after Taxes: $51800/12 = $4,316.67

House for rent: https://www. zillow. com/homedetails/2319-1-2-Minor-Ave- E-Seattle-WA-98102/2071187889_zpid/

$1250 per month

Answers: 1

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HELP PLSSS Using your Job, Starting salary, and Location from assignment 1, do this assignment.

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