Phillip Marnier Had Earnings from His Salary of $40,000, Interest

question 60

Multiple Choice

Phillip Marnier had earnings from his salary of $40,000, interest on savings of $700, and a contribution to a registered retirement saving plan of $1,500.Phillip's net income would be

• A)$39,200.
• B)$40,000.
• C)$39,300.
• D)$38,500.
• E)$41,500.

---

Definitions:

General Awareness

A broad understanding or knowledge about general topics, current events or issues.

Lactose Intolerance

A condition in which the body lacks the enzyme lactase, resulting in the inability to digest lactose, a sugar found in milk and dairy products.

Abdominal Bloating

A condition in which the abdomen feels full and tight, often due to gas or fluid buildup.

Quinceañera

A cultural celebration in Latin American communities that marks the transition from childhood to womanhood on a girl's fifteenth birthday.