Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Concept explainers

Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
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please help me how to answer all of them. Slso, it is not writing an essay. it is math 

1) INCOME CALCUATION Gross Income (pay/earnings) The amount of income/earnings, for any pay period, before deductions Net income (pay/earnings) (Take home pay) The amount of income/earnings, for any pay period, after deductions CPP - Canada Pension Plan 5.1 % of gross income deducted for contribution to your future pension El - Employment Insurance 1.6 % of gross income deducted for payment in case of future unemployment Income Tax A deduction paid to the Federal and Provincial government for taxes. While there are many different income tax rates, we'll use an average tax rate of 15%. Union Dues Fees paid for membership in a union Now calculate your net monthly income: $ $16 per hour X 8 hours per day X 21 days per month = X 15% = $ Gross Income: %3D Income Tax: Gross Income $ CPP: Gross Income $ _X 4.95% = | $ X 1.88% =| $ El: Gross Income $ Union Dues: Income $ _X 1% = $ Income Tax + CPP + El + Union Dues = Paycheque Deductions $ %3D Gross Income $ -- Paycheque Deductions $ Net Income $ %3D
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Transcribed Image Text:1) INCOME CALCUATION Gross Income (pay/earnings) The amount of income/earnings, for any pay period, before deductions Net income (pay/earnings) (Take home pay) The amount of income/earnings, for any pay period, after deductions CPP - Canada Pension Plan 5.1 % of gross income deducted for contribution to your future pension El - Employment Insurance 1.6 % of gross income deducted for payment in case of future unemployment Income Tax A deduction paid to the Federal and Provincial government for taxes. While there are many different income tax rates, we'll use an average tax rate of 15%. Union Dues Fees paid for membership in a union Now calculate your net monthly income: $ $16 per hour X 8 hours per day X 21 days per month = X 15% = $ Gross Income: %3D Income Tax: Gross Income $ CPP: Gross Income $ _X 4.95% = | $ X 1.88% =| $ El: Gross Income $ Union Dues: Income $ _X 1% = $ Income Tax + CPP + El + Union Dues = Paycheque Deductions $ %3D Gross Income $ -- Paycheque Deductions $ Net Income $ %3D
Scenario: You are in your early twenties and it is time to move out of your parents' home. You move out, rent an apartment, buy a car, food, clothes, etc. If you want, you may choose to live with a roommate. You work 40 hours per week and your wage is $16 per hour gross income (before deductions). Talk to your teacher if you think you will work different hours or receive a different wage. You will be required to calculate your net income, pay for a car, accommodations, food, clothing. The purpose of this project is to help you learn how to budget and manage financial resources effectively. If you choose to live with a roommate and share rent, you must each complete and hand in a separate booklet with a separate budget. Many of the calculations are specific to each individual so read carefully! You will utilize the internet for all of your information required to complete this project. However, you may want to refer to grocery fliers to find prices for the food.
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Transcribed Image Text:Scenario: You are in your early twenties and it is time to move out of your parents' home. You move out, rent an apartment, buy a car, food, clothes, etc. If you want, you may choose to live with a roommate. You work 40 hours per week and your wage is $16 per hour gross income (before deductions). Talk to your teacher if you think you will work different hours or receive a different wage. You will be required to calculate your net income, pay for a car, accommodations, food, clothing. The purpose of this project is to help you learn how to budget and manage financial resources effectively. If you choose to live with a roommate and share rent, you must each complete and hand in a separate booklet with a separate budget. Many of the calculations are specific to each individual so read carefully! You will utilize the internet for all of your information required to complete this project. However, you may want to refer to grocery fliers to find prices for the food.
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