Keith McPherson Earned $20,000 Last Year as a Carpenter

question 138

Multiple Choice

Keith McPherson earned $20,000 last year as a carpenter. He paid $6,000 for food, rent, medical expenses and other "necessities." There was little construction work in February, so he took a trip to the Caribbean and spent $4,000. What was Keith's discretionary income last year?

• A) $4,000
• B) $20,000
• C) $10,000
• D) $12,000
• E) There is not enough information to determine Keith's discretionary income.

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Definitions:

Data Type

A classification identifying one of various types of data, such as integer, floating-point, or string, that determines the possible values for that type, the operations that can be done on it, and the way it is stored.

Access

The ability to enter, retrieve, or make use of data, resources, or services.

SQL Server

A relational database management system developed by Microsoft, designed to handle a wide range of data applications.

Money

A medium of exchange in the form of coins and banknotes; used to purchase goods, services, or settle debts.