1. Taahaa Naveed Dylan Pearson David Saavedra
One To The World
Taahaa Naveed
Dylan Pearson
David Saavedra

2. Deductions 1) Fed taxes, let’s say 20% after deductions 2) State taxes, let’s say 5% after deductions 3) Rent: you are just out of college. Sharing a two BR that is $800 per person. 4) Necessity budget: Food, clothing $ 500 per month 5) Cost to drive: $250 insurance, gas $350, repairs, tags, taxes, etc. $100 all per month 6) optional, Internet: High speed runs about $ 100 or so per month 7) optional, cell phone: about $50 per month 8) electric bill: let’s say it averages (your share) $ 100 per month 9) medical: A big one.. $ $450 month high deductible plan 10) optional: vacation budget, you will need to decide on this one 11) Fun and activity budget: $200 per month (or more?) 12) half of leftover in savings

3. budget
Budget per month after all the deduction except for the car.
Car: Nissan 2012 leaf SV
Price: 8,995
Length of the loan: 36 months
Interest rate: 1.99%

4. Calculations
=4687.5
=1787.5
=1605.5
1605.5/2=804.25
Final amount for amount of money available to spend freely=$804.25
Amount of money in the bank for savings=$804.25