Frank has a gross income of $24,000. He pays $4,000 in taxes. His yearly expenditures for food, shelter, and clothes total $17,250. What is his discretionary income?

Frank has a gross income of $24,000. He pays $4,000 in taxes. His yearly expenditures for food, shelter, and clothes total $17,250. What is his discretionary income?



A) $2,750
B) $6,750
C) $13,250
D) $20,000
E) Frank has no discretionary income.




Answer: A


Learn More :