What is Sam’s monthly disposable income if his gross annual salary is $120,000, and his employer withholds monthly incom
Posted: Sun Jul 03, 2022 12:53 pm
What is Sam’s monthly disposable income if his gross annualsalary is $120,000, and his employer withholds monthly incometaxes and other payroll deductions of $4,950? Note that Sam’smonthly fixed expenses are $2,350, while his variable expenses are$2,200. He also contributes monthly savings of $500 to his Tax-FreeSavings account. $4,950$5,050$500$4,550$2,685