Marge had a winning lottery ticket for $12006 and wanted to spend some of it wisely before using on any fun things. She paid half of the lottery amount for the taxes on her winnings, then put a third of the leftover money towards her student loans. She put $1000 in savings and invested a fifth of that amount in the stock market. How many dollars does she have left for fun?
Thoughts? Step-by-step reasoning:
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Marge used half the $12006 for taxes, so she had 12006 / 2 = $6003 left. She used 1 / 3 of the leftover money on student loans, so she paid 6003 / 3 = $2001. After paying the student loans, she had 6003 - 2001 = $4002 left. She put $1000 in savings, so she had 4002 - 1000 = $3002 left. She invested 1000 / 5 = $200 in the stock market. After investing, she had 3002 - 200 = $2802 left for fun.
Thus, the answer is 2802.
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