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Solve the Problem. -Suppose Your After-Tax Income Is $36,357. Your Annual Expenses Are

Question 199

Multiple Choice

Solve the problem.
-Suppose your after-tax income is $36,357. Your annual expenses are $28,740 for rent, $6489 for food and household expenses, $1283 for interest on credit cards, and $6668 for entertainment, travel, and
Other. Do you have a surplus or deficit?


A) Deficit
B) Surplus

Correct Answer:

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