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Economics 110

Open Posted By: highheaven1 Date: 18/02/2021 Graduate Research Paper Writing

I'm trying to get this taken care of before Sunday Midnight,

Category: Business & Management Subjects: Auditing Deadline: 12 Hours Budget: $120 - $180 Pages: 2-3 Pages (Short Assignment)

Attachment 1

Assignment 2

Assignment 2 Financial Plan Budget Excel Template
Budget
Dollars Percent
Income $ 50,000 -
Expenditures
Housing
Food
Transportation
Education
Utilities
Taxes
Health Care
Family Care
Miscellaneous
Savings
Total
Assignment 2 Instructions for Excel Sheet: 1. Identify an annual income. This can be the $50,000 already in the "Income" cell, or you can use an income of your choice. If you use a different annual income, remember to change your income number. 2. Choose one of these five financial goals (remember to set a timeline for yourself that ranges from 1 year to 10 years). The number you put in the "Savings" cell of the budget table should be the cost of the goal you are saving for divided by the number of years you plan to be saving for it. a. Create an emergency fund of $1,000. b. Save for a vacation that will cost $2,000. c. Save to buy a $15,000 vehicle. d. Save for a down payment of $40,000 to buy a house. e. Save $50,000 for education (personal, child, family, etc.). 3. Choose one of these three housing options. Put the dollar number in the budget table above for "Housing." a. Rent a house. Cost is $15,000 per year. b. Rent an apartment. Cost is $12,000 per year. c. Rent a room only. Cost is $9,000 per year. 4. Fill in dollar values for the rest of your expenditures. This can be based on either a hypothetical ideal or what you might typically spend on these categories. 5. Use formulas to calculate the sum for your "Total" cell in the "Dollars" column and to fill in the "Percent" column. 6. Check to make sure your "Total" dollars is equal to the annual income you chose and that your "Total" percent is 100%.
End of worksheet