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100 POINTS AND BRAINLIEST!!

100 POINTS AND BRAINLIEST class=

Sagot :

Answer:

A.   $47,143

Step-by-step explanation:

Given information:

  • Current annual lifestyle cost ≈ $33,000
  • Take home pay estimation = 70%

Gross income: Total income before any deductions.

If take home pay is approximately 70% of the annual gross income, to be able to maintain the current lifestyle, 70% of the annual gross income needs to be at least $33,000.

Let x = annual gross income

Therefore:

70% of x = $33,000

⇒ 0.7x = 33000

⇒ x = 33000 ÷ 0.7

⇒ x = 47142.8571...

Therefore, the annual gross income needs to be $47,143 (nearest dollar) to maintain the current lifestyle.

Annual gross income be y

  • 70% of y=33000
  • 0.7y=33000
  • 7y=330000
  • y=330000/7
  • y=47143

Option A