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need answer ASAP,plz???? Jamal has graduated from college and lives with three roommates in a house. He earns net amount of $600 per month working
need answer ASAP,plz????
Jamal has graduated from college and lives with three roommates in a house. He earns net amount of $600 per month working part time at a record shop and approximately $900 per month teaching piano. His share of the rent is $550 and includes all utilities and cable. Each month, Jamal spends an average of $300 for groceries, $120 for a transit pass, $25 for laundry, and $50 for telephone service. a) Create a monthly budget for Jamal on a spreadsheet and calculate his balance. (4 points) b) What other occasional expenses might Jamal have? (1 point) c) Two months later, the record shop reduces Jamal's hours, so he now earns $400 per month. Several of his students have left, so his income from piano lessons is now $750 per month. His share of the rent has increased by 2% and the cost of a transit pass has increased by 10%. Adjust Jamal's budget and calculate his new balance. (4 points) d) Suggest ways that Jamal could improve his financial situation. (1 point)Step by Step Solution
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