Mustafa contributes 11% of his $67,200 annual salary to his 401k plan. what is his pretax income

Mustafa's pretax income is $59,808.

Step-by-step explanation:

Given in the question Mustafa's annual salary = $67,200

and Mustafa contribute 11% of his salary to his 401 k plan.

Since we know that 401 k plan is a retirement plan in which an employee gets the exemption from his salary on a pretax basis.

Therefore exemption will be = 11% of $67,200

                                               = 67,200×0.11

                                               = $7,392

Now pretax income or taxable income = 67,200-7,392 = $59,808

Therefore pretax income of Mustafa is $59,808.

answer:

total cost for tiles and paints is $924.  

step-by-step explanation:

we have been given that a community hall is in the shape of a cuboid. the hall is 40m long 15m high and 3m wide.

the paint will be required for 4 walls and ceiling.

let us find area of walls and ceiling.

therefore, the area of walls and ceiling is 1410 square meters.

given: cost for 10 litre of paint is $10 and 10 litre paint covers 25 square meter. therefore,

therefore, the total painting cost is $564.

tiles will be required for floor. let us find the area of floor.

given: 1m squared floor tiles costs $3. so,

therefore, the total tiles cost is $360.

now let us find combined total cost of tiles and paint.

therefore, the combined total cost of tiles and paint is $924.

a. do i have the cash i need for down payment?

b. do i want to use my savings instead of credit?

c. can i afford the car?

d. can i use the credit in a better way?

e. could i put off buying the car for a while?

f. what will happen if i don't buy it now?

g. what are the costs of using credit?

hope this (: