80
14. After you graduate and get a full-time job, your earnings and expenses
will increase. Suppose you have the income and expenses listed below.
How much will you have for discretionary income?
Monthly Income and Expenses
Net pay $3,000.00
Savings 12% of net pay
Donations to charity 35.00
Rent 455.00
Utilities 98.00
Cable, Internet, and phone services 85.00
Car payment and insurance 480.00
Groceries 235.00
Gas 130.00
College tuition, fees, and books 295.00
Health insurance and personal care 350.00
Payment on a credit card balance 120.00
Clothes 110.00
Miscellaneous expenses 100.00