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f an individual makes $4,000 in salary per month and has a side job making $20 per hour for 10 hours a week for 4 weeks in a month, and they receive $1,000 per month in rent from a roommate, what is their gross income?(1 point) Responses $4,000 $4,000 $4,800 $4,800 $5,800 $5,800 Cannot be determined, because taxes and deductions are not provided

1 answer

To calculate the gross income, we need to add up all the sources of income:

  1. Salary: $4,000 per month

  2. Side Job Income:

    • Hourly Rate: $20
    • Hours per Week: 10
    • Weeks per Month: 4

    Calculation for Side Job Income: \[ 20 , \text{(dollars/hour)} \times 10 , \text{(hours/week)} \times 4 , \text{(weeks)} = 800 , \text{dollars} \]

  3. Rent from Roommate: $1,000 per month

Now, we sum all these amounts: \[ 4,000 + 800 + 1,000 = 5,800 \]

Therefore, the gross income is $5,800.