Amina makes $48,000 per year before taxes, and takes homes around $3,500 each month. given below is an unfinished table representing her monthly budget. complete the table and answer the questions below. (17 points: part i - 1 point; part ii 2 points; part iii - 1 point; part v - 5 points; part vi - 1 point; part vii - 6 points)
part i: what is the "rule of thumb" on how much amina should spend each month on rent? (1 point)
part ii: using the rule of thumb, calculate amina's monthly budget for rent. express the rent as a percentage of take-home pay ( round both answers to the nearest whole number). (2 points: 1 point each)
part iii: how much does amina spend each month on groceries? (1 point)
part iv: what percentage of her take-home pay is spent on utilities? (1 point)
part v: fill out the remaining portion of the table. (5 points) (will provide pictures below)
part vi: arrange amina's expenses from greatest to least. (1 point)
part vii: fill out the pie chart with the data from your table. label each slice with an expense name. (6 points: 1 point each)
Answers: 2
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Amina makes $48,000 per year before taxes, and takes homes around $3,500 each month. given below is...
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