Robert recently was hird as a technician a firm he is being paid 1,250 every two weeks his monthly bills are. Given robert's expenses, how much money will he have for leisure spending in a given year?
To calculate how much money Robert will have for leisure spending in a given year, we first need to determine his annual income and annual expenses.
Robert is being paid $1,250 every two weeks. There are 52 weeks in a year, so we can calculate his annual income as follows:
Annual Income = (Bi-weekly Income) * (Number of Bi-weekly Periods in a Year)
= $1,250 * 26
= $32,500
Now let's calculate Robert's annual expenses based on his monthly bills. You haven't provided the amount for his monthly bills, so I'll assume you made a typo. Let's suppose his monthly bills are $1,200.
Annual Expenses = (Monthly Bills) * (Number of Months in a Year)
= $1,200 * 12
= $14,400
Now we can calculate how much money Robert will have for leisure spending in a given year:
Leisure Spending = Annual Income - Annual Expenses
= $32,500 - $14,400
= $18,100
Therefore, Robert will have $18,100 for leisure spending in a given year.