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Scenario: Denise is 24 and living on her own. She has a job cleaning hotel rooms. She makes about $485 a week. Her monthly rent is $432. She has a car payment of $102 a month. She also has student loans from her community college with a payment of $85 a month. She has made some of her loan payments on time and missed some of her loan payments. She has two credit cards. One is maxed out with a credit limit of $5,000. The other card has a $2,800 limit with a balance of $1000.

Denise is considering going back to school to become an LPN which would double her income. The program costs $12,000. She qualified for a loan to cover the cost of the program. However, the loan will not cover living expenses while she’s in the program.

Calculate Denise's Total Monthly Income.

Sagot :

chilljain33

The monthly income of Denise after she decides to go back to school to become an LPN will be $3880.

What is monthly income?

The amount of money earned or made by an individual under employment or engaged in business activities is known as the total monthly income of such individual.

Using the given information, it can be said that the salary of Denise will become $970 a week after she becomes an LPN. So, her monthly income will be 970 × 4 = $3880.

Hence, the monthly income of Denise after she becomes an LPN is aforementioned.

Learn more about monthly income here:

https://brainly.com/question/19378306

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