Solve the problem.Suppose your after-tax income is $36,521….

Solve the problem.Suppose your after-tax income is $36,521. Your annual expenses are $31,810 for rent, $5,526 for food and household expenses, $1,249 for interest on credit cards, and $7,842 for entertainment, travel, and other. You expect to get a 25% raise next year. Will this affect the outcome?