You are a fresh graduate with a new salary of $4,700 a month. You estimate you will
Question:
You are a fresh graduate with a new salary of $4,700 a month. You estimate you will be paying about 20% towards taxes. How much should you put in your savings each month?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
Takehome pay ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
Question Posted:
Students also viewed these Business questions
-
Elaine is a young, healthy and single; a fresh graduate who has started a new job with a $32,000 annual salary. She has approximately $500 left at the end of each month after covering budgetary...
-
A fresh graduate is offered a job by an employer she admires even before she can start her job search. The student thinks it is an opportunity and jumps to it. Do you think there is an effect of...
-
You are a recent graduate with a degree in accounting. Your new employer is unfamiliar with the concept of auditor independence. Explain to your new boss why auditor independence is important and...
-
When VGS = 0.5 VGS(off) . gm. is -------------- the maximum value. Select one: a. one-fourth b. three-fourths c. equal to d. one-half
-
Prepare an analysis of economic data and business data to explain how the core economic principles impact the sustainability of the firm and what actions the firm can take to ensure success. Address...
-
One of the chemical properties that make cyclobutadiene difficult to isolate is that it reacts readily with itself to give a dimer: What reaction of dienes does this resemble? I
-
On December 31, 2020, Millers Grocery Inc. had a 10 -year, \(7 \%\) note payable balance of \(\$ 100,000\). The note payable was originally issued on June 30, 2011. The company will issue its...
-
The citizens of Spencer County approved the issuance of $2,000,000 in 6 percent general obligation bonds to finance the construction of a courthouse annex. A capital projects fund was established for...
-
need answer quickly don't copy from previous answers. A population has a mean u = 130 and a standard deviation a = 26, Find the mean and standard deviation of the sampling distribution of sample...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
For the past year, you made $58,000. To see if you were following the 80-10-10 rule, what amount and where would you see your income dispersed over the past year?
-
You are starting a brand new job with a salary of $70,000. One-third (33%) will go toward taxes (state, local, federal and Social Security). Following the 90-10 rule, what is the most you should...
-
Which type of network device is most commonly used to filter network traffic? A. Router B. Firewall C. Switch D. IDS
-
What is the neo-classical synthesis?
-
How is biological anthropology today fundamentally different from its origins as physical anthropology?
-
What is the hysteresis effect?
-
What is the difference between archaeology and biological anthropology? Why is biological anthropology a subfield of anthropology?
-
Why, according to Marx, does capitalism need a reserve army of the unemployed?
-
Write a JavaFX application that allows the user to choose insurance options. Use a ToggleGroup to allow the user to select only one of two insurance typesHMO (health maintenance organization) or PPO...
-
Tanaka Company's cost and production data for two recent months included the following: March April Production (units).........300................600 Rent.....................$1,800............$1,800...
-
Why may the top managers of a firm be tempted to use misleading estimates of revenues and expenses? How may managers be able to boost the reported earnings of their firm?
-
What is inflation? How is inflation measured? How does inflation affect stock prices?
-
What information must you provide when placing an order to buy or sell stock? What is a ticker symbol, and why is it important?
-
f If (t) = {2 (2,0
-
The spread of tobacco farming in seventeenth-century Virginia O a. helped to create a highly unequal society, dominated economically and politically by an elite plantation-owning class. O b....
-
Which one of the following statements accurately characterizes the British approach to governing the American colonies prior to 1763? O a. The British only occasionally intervened in the internal...
Study smarter with the SolutionInn App