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You will graduate in the near future and will begin working. You negotiated the offer and will be making $40,000 per year. After taxes and

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You will graduate in the near future and will begin working. You negotiated the offer and will be making $40,000 per year. After taxes and deductions, you will bring home 70% of that $40,000 ($28,000) or 2,333 per month. This is what you will have to live on each month. Rent, utilities, food, etc. must come out of the $2,333.00 each month. These are living expenses. But you also have debt. See the table below. A B C D E F ITEM PURPOSE DEBT BALANCE INTEREST RATE MONTHLY PAYMENT MONTHS TILL PAID OFF 120 TOTAL PAYMENTS & INTEREST SCHOOL $22,000 6.8 $253.00 MISC. $3000 18.9 $120 33 STUDENT LOAN CREDIT CARD STORE CARD TOTAL CLOTHES $1500 12.9 $75 23 IN THE ABOVE TABLE, FILL IN TOTAL PAYMENTS & INTEREST FOR COLUMN G AND YOUR TOTALS FOR COLUMNS C, E AND G What percent is the Column E total of your $2,333 take home pay? Using information in the table, calculate Total Payments & Interest for Column G and the column totals for Columns C, E, and G. Don't forget to calculate the percentage that the Column E total is of your $2333 monthly take home pay

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