Question: I think my professor may have put the wrong values as I am having a hard time getting a correct answer to this As a

I think my professor may have put the wrong values as I am having a hard time getting a correct answer to this

As a salaried employee, you get a paycheck of $1267 twice a month. Find how much should be allocated for each category, based on percentages. Use General Budget Guideline for the Recent College graduate . 5.1 Budgeting and Taxation Savings, Investment, Charity, & Misc 15% Housing and Medical & Dental _ Utilities Expenses 30% 5% Clothing Transportation 5% 15% Food 10% Student Loan Repayment Credit Card & Personal Loan Repayment 12% FIGURE 5.1 General Budget Guidelines for the Recent College Graduate Source: Adapted from College Board Budget Worksheet at http://goo.gl/dB9BsS. Housing and utlities 1. $ 760.20 - Savings, investments, charity, and misc. 2. $380,10 - Medical and dental 3. $126,70 Clothing 4. $126.70 - Transportation 5. $380.10 - Credit card and personal loan repayment 6. $304.08 Food 7. $253.40 - Student loan repayment 8. $202.72

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