# Functions: working to pay taxes

#### dv8anly

##### New member
The major portion of a person's work year is spent earning money to pay taxes, Expense Category Federal Taxes = 79 days you have to work, State and Local Taxes = 41 days you have to work, Housing = 62 days you have to work, Health Care = 52 days you have to work, Food = 30 days you have to work, Transportation = 30 days you have to work, Recreation* = 22 days you have to work, Clothing = 13 days you have to work, Savings* = 7 days you have to work, Miscellaneous* = 29 days you have to work, and the Total time = 365 days. The items with the( * ) are the disposable income,

If you start work on January 1, 2007, and must work steady 8-hour days (no weekends off) until you have worked enough days to pay all of your taxes, on what calendar date would you have finished paying all of the taxes and started working for yourself? March 15, 2008

How much of your work year earns you your housing and food money? 4%

What percent of your year is spent earning money that would be considered "disposable" income? 5%

#### dv8anly

##### New member
Ok, I'm going to try this again here goes! Showing work for the questions that I posted ealier.
my first answer is May 1, 2007
2. 92 (100) = 365, 9200 / 365 = 25%

3. 58 (100) = 365, 5800 / 365 = 16%

4. 52,000 / 16% = 3,250

#### Subhotosh Khan

##### Super Moderator
Staff member
dv8anly said:
Ok, I'm going to try this again here goes! Showing work for the questions that I posted ealier.
my first answer is May 1, 2007<<<<<<<<<<correct
2. 92 (100) = 365, 9200 / 365 = 25%<<<<<<<<<<correct

3. 58 (100) = 365, 5800 / 365 = 16%<<<<<<<<<<correct

4. 52,000 / 16% = 3,250<<<<<<<<<<Incorrect

52000 * 0.16 = 8320

#### dv8anly

##### New member
Thank You for all your help! I'm trying to learn this math si I appriecate any help I can get
Dv8anly