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Answer :

MHANIFAGO

Answer:

#1

  • Net worth = $5480.80
  • Liabilities = $3260.60
  • Assets = $5480.80 + $3260.60 = $8741.40

Assets increase 10%:

  • $8741.40*1.1 = $9615.54

Liabilities decrease 10%:

  • $3260.60*0.9 = $2934.54

Net worth now is:

  • $9615.54 - $2934.54 = $6681.00

Correct choice is J

#2

Total budget:

  • 250 + 825 + 1247 + 385 + 722 + 657 + 250 + 291 = 4627

Transportation and clothing:

  • 657 + 385 = 1042

Percentage of transportation and clothing:

  • 1042 / 4627 * 100% = 23%

Correct choice is C

#3

Gross income:

  • $1618.30

Deductions:

  • $19.80 + $1618.30*(0.045 + 0.15) = $335.37

Net pay:

  • $1618.30 - $335.37 = $1282.93

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