# 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.

• 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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