Question

Using Exhibit 2–6, Typical After-Tax Budget Allocations for Different Life Situations, calculate the budget allocations for Jamie Lee using her net monthly salary (or after-tax salary) amount. Is she within the recommended parameters for a student?

Answer 1

Refer below for the explanation.

Step-by-step explanation:

Jamie lee is inside all the suggested parameters set for an understudy life in spending costs of housing, transportation, savings, and entertainment. Her sparing is marginally over the suggestion of 10%, with her ascertaining proportion at 11%.