Me right now i really need more than anyone else right ! you have a part-time job that pays $4.75/hr with tips averaging $4.50/hr. your deductions are fica (7.65%), federal tax withholding (12.5%), and state tax withholding (6.85%). you work 20 hours per week. you want to save $40.00/wk, how much is left of your discretionary income per week? assume that all of the income from your part-time job is discretionary. (1 point) you decide to save 15% of your realized income. how much do you save per month? (1 point) $ /month

Income per hour is: Per hour Pay+ Per hour tips= dollars

Therefore, if we include all deductions in one go we will get the net hourly income to be:

dollars

Therefore, in a 20 hour week, the net per week income is:

dollars

So, if you want to save $40.00/wk, the amount of discretionary income left per week is: dollars.

If you decide to save 15% of your realized income of $ 135/wk then your weekly saving will be:

Therefore, at this rate the monthly savings will be: Dollars

step-by-step explanation:

the simplified form is

step-by-step explanation:

we want to simplify the expression,

let us change the middle bar to a normal division sign to obtain,

we multiply the first fraction by the reciprocal of the second fraction to obtain,

we factor to obtain,

we cancel the common factors to get,

we simplify to get,

the correct answer is b