Question: i need help with this Online calculator: httpswww.desmos.comfscientific. Instructions: In this assignment, you will read a scenario, design a budget based on this scenario and
i need help with this



Online calculator: httpswww.desmos.comfscientific. Instructions: In this assignment, you will read a scenario, design a budget based on this scenario and answer questions. When designing the budget, please ll in the table on the thlrd page. Scenario: Rel would like to save $5 000 for a trip at the end of the year. She has asked that you help her design a budget that will allow her to determine if she is saving enough money to reach her goal. She provides you with the following information about her personal nances: 0 Income: 0 Her annual net income is $60 000. 0 She earns an average of $50 a month from investments. 0 Expenses: 0 $1250 each month for apartment rent. 0 $450 each year for home insurance. 0 $1000 each year for car insurance. 0 $240 each month for utilities, such as water and electricity. 0 $435 each month for car payments. 0 $155 twice a month for groceries 0 $2000 a year for clothing 0 An average of $165 each month of gasoline/fuel. 0 $250 every 2 months for entertainment. 0 $500 each year for donations. 0 $300 per year for car repairs and maintenance. 0 $75 a week for restaurant meals Answer the questions on the next page. Question 1. Which costs are xed ? Which costs are variable? Type the names down in the table below Fixed Costs Variable Costs Question 2. Convert all amounts to monthly amounts. Round all values to the nearest Dollar [no decimal points). You can do this work on a piece of paper and submit a picture of your work or you can simply type it in the table below. If you type it in the table, you can use the \"\\" symbol for division (ex: $120 I 12 : $10) and the \"x\" symbol for multiplication (ex: $40 x 12 = $480). Question 3. Fill in Rei's budget on the third page. Will Rei save enough money aer one year for her trip? Justify your answer. : Question 4. As you see from the scenario. Rel rents an apartment. What are 2 advantages and 2 disadvantages of renting an apartment related to costs? Justify your answer. Question 5. What are 2 advantages and 2 disadvantages of owning a house related to costs? Justify your answer. : \f
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