Question
With her new company, Stephanie has a two-year assignment living in a large city. The company will reimburse most of her expenses. Stephanie is using
With her new company, Stephanie has a two-year assignment living in a large city. The company will reimburse most of her expenses. Stephanie is using the Quantitative Reasoning Process to build a budget. Calculate Stephanie's estimated living expenses for the next two years using the following:
Rent: $1,100 per month, Gym membership: $450 per year with a monthly fee of $40, Renters' insurance: $60 every 6 months, Groceries: $300 per month, and Eating out & entertaining: $175 per week.
Assume 52 weeks in 1 year and 12 months in 1 year.
(Round your answer to the nearest whole dollar)
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