How much will you have left over per month

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Question - You are paid $2,821.00 biweekly, after taxes and payroll withholdings in your job. (Hint: There will be 26 pay checks per year, since there are 52 weeks per year you will get paid every 2 weeks). You are single and currently live alone. Your expenses are $1700 per month rent on your 2-bedroom apartment, $300 per month for food, and $120 per month for utilities, $450 per month on Miscellaneous purchases. You also have student loans on which you make monthly payments of $200.

Required -

A) Based on your current expenses, how much will you have left over, per month?

B) What could you do (or what would you change) to save more money each month?

C) How much is that per year?

D) How much is that after 5 years?

Reference no: EM133107290

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