The Tracer family expects their income next year to be $81,500. Assume that they budget the same percents for each expense category as the y did last year. Show the percent, rounded to the nearest half percent, and the amount of money they will spend during the year for each of the following.

Miscellaneous

Marcus has a summer job where he makes $45 a day. Yesterday, his boss told him that he was getting a raise to$63 a day because he was such a hard worker. What is the percent increase in Marcus' salary?

To the nearest whole percent, what percent of the Tracer's annual receipts were their payments for housing?

To the nearest whole percent , what percent of the Tracer's annual receipts were their payments for transportation?

What fractional part of their annual savings were the Tracers' Januar y payments for savings?

The Tracer family expects their income next year to be $81,500. Assume that they budget the same percents for each expense category as the y did last year. Show the percent, rounded to the nearest half percent, and the amount of money they will spend during the year for each of the following.

Food

Change to a fraction in its simplest form.

$$\frac{\$ 27,400}{\$ 82,200}$$

Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. How much did Helen have on deposit on October 1?

Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?

Toni Nicolet’s checking account balance on Monday, April 13, is $540; her savings balance is$980. On Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make these online payments: income tax bill,$823, utility bill, $98, and charge account bill,$127. How much money, if any, will Toni have to transfer into her checking account from savings to cover the online payments and leave a balance of $50 in the checking account?

Andrew Galen had a checking balance of $1.39 Monday morning. His net wages of$512.89 were transferred by direct deposit at 11:00 a.m. to his checking account. Later that evening, Andrew made online payments of $3.24,$18.30, $38.96,$100.34, and $314.78. His goal is to keep only a$10 balance in his checking account and have most of his money in savings. How much money was available in Andrew’s checking account to be transferred to savings after all the transactions were completed?

Change to a fraction in its simplest form.

$$\frac{\$ 9,850}{\$ 59,100}$$

Bill Stark has taxable income of $26,600. He pays a city income tax of 2% on taxable income in addition to state and federal taxes. Helmut Schmidt pays a city income tax of$2$\frac{1}{4}$\%$on his taxable income of$\$28,834$. In addition, he pays both state and federal income taxes on the same taxable income. If his federal tax last year was $\$4,538$, what was the total of his federal, state, and city income taxes last year?

Bill Stark has taxable income of $26,600. He pays a city income tax of 2% on taxable income in addition to state and federal taxes. Ellen Donald pays city tax of 2.5% on taxable income, in addition to state income tax. Her taxable income last year was$42,870. What was her total state and city income tax?