Answer :
To determine Adam's net income, we need to follow these steps:
1. List all the expenses:
- Food: [tex]$150 - Clothing: $[/tex]70
- Rent: [tex]$850 - Medical Insurance: $[/tex]90
- Transportation: [tex]$110 - Car Insurance: $[/tex]40
2. Calculate the total expenses:
- Total expenses = Food + Clothing + Rent + Medical Insurance + Transportation + Car Insurance
- Total expenses = [tex]$150 + $[/tex]70 + [tex]$850 + $[/tex]90 + [tex]$110 + $[/tex]40
- Total expenses = [tex]$1310 3. Identify the total income: - Wages = $[/tex]3100
4. Calculate the net income:
- Net income = Total income - Total expenses
- Net income = [tex]$3100 - $[/tex]1310
- Net income = [tex]$1790 Given the calculations, we see that the correct way to find Adam's net income is: $[/tex]\[tex]$ 3,100 - \$[/tex] 1,310 = \[tex]$ 1,790$[/tex]
So, the correct answer is:
[tex]$\$[/tex] 3,100 - \[tex]$ 1,310 = \$[/tex] 1,790$
1. List all the expenses:
- Food: [tex]$150 - Clothing: $[/tex]70
- Rent: [tex]$850 - Medical Insurance: $[/tex]90
- Transportation: [tex]$110 - Car Insurance: $[/tex]40
2. Calculate the total expenses:
- Total expenses = Food + Clothing + Rent + Medical Insurance + Transportation + Car Insurance
- Total expenses = [tex]$150 + $[/tex]70 + [tex]$850 + $[/tex]90 + [tex]$110 + $[/tex]40
- Total expenses = [tex]$1310 3. Identify the total income: - Wages = $[/tex]3100
4. Calculate the net income:
- Net income = Total income - Total expenses
- Net income = [tex]$3100 - $[/tex]1310
- Net income = [tex]$1790 Given the calculations, we see that the correct way to find Adam's net income is: $[/tex]\[tex]$ 3,100 - \$[/tex] 1,310 = \[tex]$ 1,790$[/tex]
So, the correct answer is:
[tex]$\$[/tex] 3,100 - \[tex]$ 1,310 = \$[/tex] 1,790$