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You have a net income of $ 4 0 0 0 0 / year . Your expenses include the following: Rent: $ 8 0 0
You have a net income of $year Your expenses include the following:
Rent: $ month
Insurance: $ semiannually
Car Payment: $ month
Car Expenses: $ year
RRSP: $month
Entertainment: $ week
Cell Phone: $month
Food: $ month
a Create a budget. marks
b Modify the budget to include a savings plan of $ week. marks
c You paid off your car and have decided to buy a house. Your mortgage payment is now $ month. Modify the budget to reflect this new financial plan. marks
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