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You have an annual salary of $64,000 from which they deduct 2% for medical insurance and 15% for taxes. Your rent is $1300 a month.

  1. You have an annual salary of $64,000 from which they deduct 2% for medical insurance and 15% for taxes. Your rent is $1300 a month. Your water, electricity and internet bill are around $212 a month. Every week you put 140 miles on your car that gives you 22 miles per gallon and gas cost $4.37 per gallon. You pay a premium of $889 every six months for car insurance. You spend $135 a week on food. You also have a student loan that you are paying $58 on every month and you spend $125 every 2 weeks just to treat yourself.

monthly budget and find your monthly cash flow. You must show work (Assume, that there are52 weeks in a year)

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