jaramillo3.11.2 - 1607/07/2011 A 1 2 3 4 5 6 7 8 9 10 11 12...

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1607/07/2011 Juan Jaramillo Vishak Sivakamur Period #5 Tutorial #3 jaramillo@ufl.edu PRACTICE BUDGET 2008 107/07/201117:59:48file:////home/vdimitrov/30625/95c2b90ea8c6e0e14db681d9e9c8116e4f2e432f.xl BUDGET for SIX MONTHS OF 2008 CONSTRAINTS: Income Tax 16.25% Social Security 6.79% Comic Relief 3.43% Promotion Raise 7.79% Rent Maintenance Increase 6.82% RENT AS % OF GROSS 29.34% >=30%? No RENT AS % AFTER TAX/FEE 37.99% >=30%? Yes BUDGET FOR JUAN JARAMILLO SPRING 2008 BUGDET: JAN FEB MAR APR MAY JUN AVERAGE PERCENT Bank Balance 1294 1154 2108 2520 2878 3240 $2,198.80 82.13% INCOME: Gross Wages 566 2678 2678 2887 2887 2887 $2,430.31 90.78% LESS: Income Tax 92 435 435 469 469 469 $394.93 14.75% Social Security 38 182 182 196 196 196 $165.02 6.16% Comic Relief 99 99 99 $99.01 3.70% NET WAGES: 436 2061 2061 2123 2123 2123 $1,820.86 68.02% Bonus/Extras 256 212 267 245 278 223 $246.83 9.22% TOTAL INCOME: 822 2890 2945 3132 3165 3110 $2,677.14 100.00% AFTER TAX/FEE INCOME: $691.59 $2,272.99 $2,327.99 $2,367.53 $2,400.53 $2,345.53 $2,067.69 77.24% EXPENSES: Rent 492 811 811 866 866 866 $785.49 29.34% Food 123 141 165 187 208 239 $177.17 6.62% Utilities 62 88 86 94 83 94 $84.50 3.16% Entertainment 87 144 165 192 212 194 $165.67
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jaramillo3.11.2 - 1607/07/2011 A 1 2 3 4 5 6 7 8 9 10 11 12...

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