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4. One Year Later . Rebecca has been promoted to the position of assistant manager. Her pay rate has increased to $25.75/h. Her bi-weekly net

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4. One Year Later . Rebecca has been promoted to the position of assistant manager. Her pay rate has increased to $25.75/h. Her bi-weekly net earnings is still 80% of her gross pay. Projected Goals: Rebecca has a short-term goal of going on a three-week vacation in Cuba with some friends. She estimates that she will need $2000 for this trip. She wants to be more aggressive with her long-term savings. She would like to invest 20% of her net income. . She would like to look at purchasing a car - the estimated car loan payments will be $350/month, car insurance of $2100/year and estimated fuel costs of $200/month. Maintenance of the car is estimated to be $500/year. a) Redesign Rebecca's monthly budget to make her goals a reality. [A /10] b) Suggest options for what Rebecca can do with the balance of her monthly budget. [T /2]

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