2. Max received $30,588 last year after taxes. His monthly expenses are: rent of an apartment is $750, a student loan is $350, $480 for food and $275 for entartainments. Does he makes enough money to cover all his expenses? Justify your answer. If yes, how much he saves during a year.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Max recieved $30,588 last year after taxes. His monthly expenses are: rent of an apartment is $750, a student loan is $350, $480 for food, and $275 for entertainments. Does he make enough money to cover all his expenses? Justify your answer. If yes, how much he saves during a year.

2. Max received $30,588 last year after taxes. His monthly expenses are: rent of an apartment is
$750, a student loan is $350, $480 for food and $275 for entartainments. Does he makes
enough money to cover all his expenses? Justify your answer. If yes, how much he saves during
a year.
Transcribed Image Text:2. Max received $30,588 last year after taxes. His monthly expenses are: rent of an apartment is $750, a student loan is $350, $480 for food and $275 for entartainments. Does he makes enough money to cover all his expenses? Justify your answer. If yes, how much he saves during a year.
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