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ASAP please Calculate the monthly living expenses covered ratio based on the following information (keep two decimal places). I have $10000 in my checking account.
ASAP please
Calculate the monthly living expenses covered ratio based on the following information (keep two decimal places). I have $10000 in my checking account. My current annual before-tax pay is $101000. Federal, state and social security taxes sum into $20000 for the year. My employer also deducts $9000 every year from my before-tax income for my pension account. I also choose to contribute $1000 every year to a tax-deferred individual retirement account. My monthly PITI (principle, interest, tax and insurance associated with my house and mortgage loan) is $1100.1 also need to pay $800 a month for my outstanding student loan. The total monthly expense of utilities, food, gas, clothing and recreation is $2900.1al a need to pay $200 every month for the car I leased one year ago. Your Step by Step Solution
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