Janice Davidson, single mother of two in her late 20s, manages an in-store boutique at Lacy's Department Store. She earns $60,000 a year before taxes (her gross income) and pays 20% in taxes. Janice's fixed monthly living expenses are $2,400 with another $1,600 in variable/discretionary living expenses. Janice has $13,000 in emergency savings. Janice has an employer-paid disability benefit through the department store where she works. Lacy's provides its employees a long-term disability insurance benefit that pays 60% of an employee's gross salary up to a maximum of $5,000 a month. Would a policy that pays 40% of her gross salary provide enough income to cover Janice's fixed monthly expenses if she became disabled and couldn't work? If yes, how much could she set aside each month after fixed expenses are paid? If no, how much of a shortfall would she have and how could she cover it?​

Answer:

No, her savings

Step-by-step explanation:

Her monthly income is 5000 (60000/12). She pays $1000 per month (5000x.2) in taxes and has another 2400 in fixed expenses. So her monthly fixed expenses (don’t include 1600 variable) are 3400 (1000+2400). A disability benefit of 40% would pay $2000 per month (5000 x .4). S0 she would be short 1400 per month (2000-3400). She would have to use her $13,000 in savings to make up the difference.

hopefully I interpreted the questions correctly!

a) 40% policy will not cover Janice's fixed monthly expenses.

b) Janice's shortfall is $400.

c) For the shortfall, Janice may resort to emergency funds.

A fixed monthly living expense is an expense that does not change from period to period.

Examples of fixed monthly living expenses include:

Annual gross income = $60,000

Annual tax liability = 20% or $12,000 ($60,000 x 20%)

Fixed monthly living expenses = $2,400

Annual fixed living expenses = $28,800 ($2,400 x 12)

Variable discretionary living expenses = $19,200 ($1,600 x 12)

Emergency savings = $13,000

A policy that pays 40% as the disability allowance of gross salary will pay $2,000 ($5,000 x 40%).

Learn more about fixed and variable monthly expenses at https://brainly.com/question/8225307

Help me I beg u! The pre-image coordinates of a triangle are J(-6,9), K(-6,4), and L(-3,4). The coordinates of the transformed triangle are J'(2,9), K'(2,4), and L'(5,4). What transformation has occurred? A. translation B. reflection C. dilation D. rotation Reset Next Question

Please help. Thank you.

St. Patrick's Day Problem Solving
Use the weight on the scales to determine the weight of each egg.
Note: Identical eggs weigh the same amount,

3.5
6
5.5

guys help im bad at math

5/8 in simplest form.

What 1,500 rounded to the nearest hundredth

Gaelle Bosquet Nth Term of an Arithmetic Sequence Apr 10, 12:29:36 AM Find the 60th term of the arithmetic sequence 4,-1,-6, ... Answer: Submit Answer
​

find the next term in the sequence. please type the number only as you answer. hint first figure out if the sequence is arithmetic or geometric
-3,9,-27,81,​

Please help me I need this due

The sim of any matrix and a zero matrix is

A. Undefined

B. Zero

C. The zero matrix

D. The original matrix

The Thompson family is buying a car that can travel 70 miles

Helpp meeeeeeeeeeeeeeeeeee

A flower bed is in the shape of a triangle, with a base of 11 feet and a height of 7 feet. What is the area of the flower bed

whcich expression are equivialant to the one below 3^4*3^x

help me please! i’m giving brainliest! :)

A desk measures 3 feet in height. How many inches does the desk measure in height?

PLEASE HELP!! NO SCAM LINKS

Order these numbers from least to greatest:
|-17|
|-18|
-18
|19|
20

Can someone help me with this question?

CLICK ON PHOTO AND NOOOOO LINKS PLSSSS

0. Folded boxes a. Squares with sides of length x are cut out of each corner of a rectangular piece of cardboard measuring 5 ft by 8 ft. The resulting piece of cardboard is then folded into a box without a lid. Find the volume of the largest box that can be formed in this way. b. Squares with sides of length x are cut out of each corner of a square piece of cardboard with sides of length /. Find the volume of the largest open box that can be formed in this way.

Question:

Simplify. √(36)²

16.
There are two adjacent supplementary angles. The larger angle is 2
more than 3 times the smaller angle. What are the degrees of both
angles? What is the difference in their measurements?

A rectangular garden has dimensions of 100 feet by 10 feet. Next season, the garden is decreased to 2/5 of its size what is the scale of the new drawing

please help me .......

Find the slope of the line passing through the points (-6,-9) and (9,-9)

8 3/4 divided by 3 1/2

A block of wood measures 5.5 inches by 3.5 inches by 9 inches. What is the volume of the block of wood

joseph left the house at 11:17 A.M and returned at 12:45 P.M how many minutes was joseph gone from the house
​

Jimmy has 6 computers and 7 printers to choose from. How many possible computer- printer combinations are there to make?

O 42
O 13​

Question 20(Multiple Choice Worth 2 points) (01.02 LC) Which number has a 9 that is one tenth the value of the 9 in 296? 195 409 981 1,956 NO LINKS HELP ASAP