Paula believes her gross income will double in 2019 but her interest income will decrease $150. She plans to reduce her 2019 living expenses by one-half. Paula’s insurance company wrote a letter announcing that her insurance premiums would triple in 2019. Her accountant estimates her taxes will decrease $250 and her medical costs will increase $410. Paula also hopes to cut her investments expenses by one-fourth. Paula’s accountant projects that her savings and checking accounts will each double in value. On January 2, 2019, Paula sold her automobile and began to use public transportation. Paula forecasts that her personal property will decrease by one-seventh. She has sent her bank a $375 check to reduce her bank note.
a.Could you give Paula an updated list of her 2019 finances?
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