swiftyice
Answered

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Your gross pay is $1,878.96, net income is $1,196.34, and fixed expenses are $1,338.54. What is your discretionary income?

$142.20

You have a deficit of $142.20.

You have a deficit of $540.42.

Sagot :

Answer:

You have a deficit of $142.20

Step-by-step explanation:

Given

  • Gross pay = $1,878.96
  • Net income = $1,196.34
  • Fixed expenses = $1,338.54

Solving

  • discretionary income = net income - fixed expenses
  • = 1196.34 - 1338.54
  • = -142.20
  • Deficit of $142.20
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