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consumer math

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Your fixed expenses are $1,035.65/month and are 36% of your realized income. Use proportions to compute the realized income on your budget.

I am lost please help

  • consumer math - ,

    36/100 = 1035/I. I = Income.
    36I = 100 * 1035.
    I = (100*1035) / 36 = $2875. = Income.

  • consumer math - ,

    post.

  • consumer math - ,

    The Mannings file a tax return showing $125000 in earned income, $3288 from interest income, and they have a tax credit of 1% of their earned income. They claim 5 exemptions of $2500 each, one head of household exemption of $10500, pre-tax medical deductions of $125 weekly, and a pre-tax retirement contribution of $100 weekly. What is their adjusted gross income?

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