SOLUTION: Based on your schedule, having a car will cut your transportation costs enough to squeeze in a 4 hour shift each weeknight at the fast food store paying $9 per hour. You estimate t

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Question 711840: Based on your schedule, having a car will cut your transportation costs enough to squeeze in a 4 hour shift each weeknight at the fast food store paying $9 per hour. You estimate that the car will cost you $100 per week to own and operate. Your take-home pay will be 70% of your gross pay. Is it worth it to get the car?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
There are 5 weeknights in a week
( 4 hrs )x( 5 weeknights ) = 20 hrs/wk extra
( $9 / hr )x( 20 hrs ) = $180 extra /wk
Take home = +.7%2A180+=+126+
+126+-+100+=+26+
With the car, you will come out $26/wk ahead