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pls write it in clear writing n 22, 2020 at 3:58 PM Name: MAP4C Unit #7 Assignment - Budgets Case Study Matthew and Maria have

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n 22, 2020 at 3:58 PM Name: MAP4C Unit #7 Assignment - Budgets Case Study Matthew and Maria have been married for 2 years and are expecting their first baby in 3 months. They live in a detached ranch style home and are both employed. They currently have a savings account with $2500 in it, for a rainy day. Matthew is paid weekly and brings home a cheque for $450.00 each week Maria is paid every two weeks and brings home a cheque for $550.00 each payday. Maria sometimes receives an additional amount for paid overtime and Matthew receives a bonus from time to time. However, since these amounts are not guaranteed, for budgeting purposes they are not considered If and when the extra money is received it will be added to their income at that time. 1. Calculate their total combined monthly take home pay. After arriving at their total monthly net income Matthew and Maria compile a list of all their known monthly expenses. Here is Matthew and Maria's list: Mortgage payment. Auto loan.... Auto insurance (2 cars) Auto expenses (gas, etc.) Groceries ($100.00/week) Utilities... Telephone Internet service Medical Loan payment. Personal (shampoo, soap, etc.). Life/Health insurance. Entertainment Savings Weekly Cash ($50,00/week) 710.00 180.00 175.00 150.00 433.33 195.00 45.00 29.50 30.00 315.00 57.00 130.00 75.00 200.00 216.66 2. Calculate their total monthly expenses

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