With her company, Annika has a two-year assignment living in a large city. The company will...

 

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With her company, Annika has a two-year assignment living in a large city. The company will reimburse most of her expenses. Annika is using the Quantitative Reasoning Process to build a budget. Calculate Annika's estimated living expenses for the next two years using the following: Rent: $1,050 per month Gym membership: $425 per year with a monthly fee of $20 Renters' insurance: $80 every 6 months, Groceries: $360 per month Eating out & entertaining: $225 per week. Assume 52 weeks in 1 year and 12 months in 1 year. (Round your answer to the nearest whole dollar) With her company, Annika has a two-year assignment living in a large city. The company will reimburse most of her expenses. Annika is using the Quantitative Reasoning Process to build a budget. Calculate Annika's estimated living expenses for the next two years using the following: Rent: $1,050 per month Gym membership: $425 per year with a monthly fee of $20 Renters' insurance: $80 every 6 months, Groceries: $360 per month Eating out & entertaining: $225 per week. Assume 52 weeks in 1 year and 12 months in 1 year. (Round your answer to the nearest whole dollar)

Answer rating: 100% (QA)

First lets calculate the total cost for each expense item over two years 1 Rent Tot... View the full answer