Create a Budget Sheet Terri has $350 and $ 1,100 in her checking and savings accounts,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Create a Budget Sheet Terri has $350 and $ 1,100 in her checking and savings accounts, which she could use and expenses in an emergency. She has accumulated $9,000 in her 401k. Her home is currently valued at $130,000 and her car is worth $2,750. She has furniture worth $1,200, clothes worth $2,100; and $900 in other household items. She spent $2,500 on exercise and sporting equipment in the past few years but sees similar equipment on an on-line marketplace for $1,500. She also saw her memorabilia selling for $750, which is ridiculous! Some people just don't know what it's worth! She spent over $1,900 on her collection in the past couple years. She figures the prices have to return to that value eventually. As noted above, she has been accumulating some debt, too. She still owes $100,000 on her mortgage. She has paid her student loan down to $25,900 and her car loan down to $3,000. She is making payments on the standing balance of her credit card but the total balance still stands at $1,500. I Create a Budget Sheet Terri has $350 and $ 1,100 in her checking and savings accounts, which she could use and expenses in an emergency. She has accumulated $9,000 in her 401k. Her home is currently valued at $130,000 and her car is worth $2,750. She has furniture worth $1,200, clothes worth $2,100; and $900 in other household items. She spent $2,500 on exercise and sporting equipment in the past few years but sees similar equipment on an on-line marketplace for $1,500. She also saw her memorabilia selling for $750, which is ridiculous! Some people just don't know what it's worth! She spent over $1,900 on her collection in the past couple years. She figures the prices have to return to that value eventually. As noted above, she has been accumulating some debt, too. She still owes $100,000 on her mortgage. She has paid her student loan down to $25,900 and her car loan down to $3,000. She is making payments on the standing balance of her credit card but the total balance still stands at $1,500. I
Expert Answer:
Answer rating: 100% (QA)
Tern has choc ky S QU d 9000 in Holk Home 130000 Car 2750 350 and 11us in h... View the full answer
Related Book For
Automation Production Systems and Computer Integrated Manufacturing
ISBN: 978-0132393218
3rd edition
Authors: Mikell P.Groover
Posted Date:
Students also viewed these accounting questions
-
The economic rough patch of the past few years inevitably inspires comparisons to and reconsiderations of last century's big economic calamity. Due to accelerating productivity, output was increasing...
-
A barrel of oil is currently valued at $54.00. Its ATMF is $54.50. Given the following available derivatives, form the requested synthetic positions. Specify the traded positions you will take for...
-
A house in Vancouver is currently valued at $1.5 million. If the average annual growth in Vancouver house prices over the last 10 years was 15%, what was the value of the house 10 years ago? Select...
-
Instructions: Read the footnotes included in the financial statements for H & B Bakery, then answer the following questions. *The exact requirement of this question, is to read the statements below...
-
Based on the dividend-discount model, what do you think would happen to stock prices if there were an increase in the perceived riskiness of bonds?
-
Identify the basic types of audit reports other than a standard unqualified audit report and explain the circumstances under which each type of report is appropriate.
-
Your neighbor, Norman Vetter, has always been tinkering in his garage with his inventions. He believes he has finally come up with one that could really sell well. He is a little concerned about some...
-
Review the results from E23-18 and E23-21. Requirement 1. Record the journal entries to record materials, labor, variable overhead, and fixed overhead. Record the journal entries to record the...
-
Larry wants to start a business. He'll need money available in 7 months to pay for the down payment on his office supplies. He can earn 7 % APY on his money. If he were to contribute $ 8 4 6 . 8 2...
-
Figure E3.3 shows a pulse function,u(t). (a) From the information shown in Fig. 3.3, calculate the pulse width, t w . (b) Express u(t) as the sum of simpler functions (some perhaps translated in...
-
A risk analyst seeks to find out the credit-linked yield spread on a BB-rated one-year coupon bond issued by a multinational petroleum company. If the prevailing annual risk-free rate is 2.85%, the...
-
You're about to buy a new car for $10,000. The dealer offers you a one-year loan where you pay $849.67 every month for the next 12 months. Since you pay = $849.67 * 12 $10,196 in total, the dealer...
-
1- [Equilibrium and Efficiency] 20 points (10 points each) a-Draw a Supply and Demand diagram and determine the equilibrium price and quantity. Explain - using words- why the intersection of supply...
-
An electric utility is considering a new power plant in northern Arizona. Power from the plant would be sold in the Phoenix area, where it is badly needed. Because the firm has received a permit, the...
-
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing...
-
What are 4 types of research methods identified in this paper? 2 7 While researching this assignment, I came across a BBC News television news piece titled "What's in the Trump indictment: US nuclear...
-
Given the octave band sound pressure levels shown in the example table in row 1, determine the loudness index for each band, the composite loudness in sones and in phons, and rank order the various...
-
on 8 For the following set of lengths 130, 170, 160, 160, 150, 190 Third quartile is: et red d out of Select one: O a. 160 a question O b. 145 O c. 175 O d. 180
-
What is flexibility in a manufacturing system?
-
What are the drawbacks of manual collection and entry of data?
-
A new forging plant must supply parts to the automotive industry. Because forging is a hot operation, the plant will operate 24 hr per day, five days per week, 50 weeks per year. Total output from...
-
Because the _________ leads to the production of more than the efficient level of output, a(n) _________ results.
-
The size of the deadweight loss from a tax, as well as how the burdens are shared between buyers and sellers, depends on the relative _________.
-
Market economies largely rely on a(n) _________ decision- making process, where literally millions of individual producers and consumers of goods and services determine what will be produced.
Study smarter with the SolutionInn App