Imagine that Heidi is considering going from a part-time to…

Imagine that Heidi is considering going from a part-time to full-time position at work. This move would result in a $20,000 increase to her salary. If Rob and Heidi have a federal marginal tax rate of 24%, a state marginal tax rate of 7%, and prefer to pay tithing on their gross income (before taking out taxes), what is Heidi’s true increase in salary after accounting for tithing and taxes? (Don’t forget payroll taxes, e.g. Social Security) 

Eight years ago you bought a 2000 Honda Civic. For the past…

Eight years ago you bought a 2000 Honda Civic. For the past eight years you have faithfully paid $232 every 6 months for collision coverage which has a $500 deductible. This morning your car had a book value of $1600. On your way home from work you crash into a tree. The car can still be driven but has $1800 damage to the car body. If your file a claim, how much money will you receive from your insurance company?