Your realized income is $36864/yr. your fixed and housing expenses are 32% and your savings are 15% of your realized income per month. how much discretionary money do you have, excluding savings, per month?

For this question, you need to find how much money you have left over after taxes and savings (also, discretionary money is income after taxes). They equal to 47%, so you are entitled to 53% of the money. So, 53% of $36864 is $19537.92. But, you are asked to find the income you get per month, so divide $19537.92 by 12, which gets us $1628.16 a month. Hope this helped

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