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  • Xtest 5 Aguardado 1

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    The Stevens family's annual budget projects total income to increase 5% to $82,983.50 for the current year. Total expenses are projected to rise 5% to $71,397.67. This leaves projected net savings of $10,243.01 for the current year. An alternative 7% increase projection estimates total income at $84,564.13 and total expenses at $74,126.02, with net savings of $10,438.11.

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    The Stevens family's annual budget projects total income to increase 5% to $82,983.50 for the current year. Total expenses are projected to rise 5% to $71,397.67. This leaves projected net savings of $10,243.01 for the current year. An alternative 7% increase projection estimates total income at $84,564.13 and total expenses at $74,126.02, with net savings of $10,438.11.

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    69 views2 pages

    Xtest 5 Aguardado 1

    Uploaded by

    api-288092125
    The Stevens family's annual budget projects total income to increase 5% to $82,983.50 for the current year. Total expenses are projected to rise 5% to $71,397.67. This leaves projected net savings of $10,243.01 for the current year. An alternative 7% increase projection estimates total income at $84,564.13 and total expenses at $74,126.02, with net savings of $10,438.11.

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    of 2

    XTEST5A

    Nicole Guardado
    STEVENS FAMILY
    ANNUAL BUDGET

    Current
    5% Proj.
    Year
    Increase
    $65,400.45 $68,670.47

    Income from Salaries


    Other Income

    Investments
    Royalties

    $12,090.23 $12,694.74
    $1,541.22 $1,618.28
    $79,031.90 $82,983.50

    TOTAL INCOME
    Fixed Expenses

    Mortgage
    Insurance
    Tuition
    Automobile

    $15,750.50 $16,538.03
    $9,245.25 $9,707.51
    $13,000.00 $13,650.00
    $578.99
    $607.94

    Variable Expenses

    Utilities
    Food
    Credit Cards
    Other

    $1,278.87
    $6,982.04 $7,331.14
    $13,488.00 $14,162.40
    $8,953.00 $9,400.65
    $69,276.65 $71,397.67

    TOTAL EXPENSES

    $9,755.25 $10,243.01

    NET SAVINGS

    SUMMARY OF PROJECTIONS

    Current Year
    5% Proj. Increase
    7% Proj. Increase

    06/08/2015

    Total
    Income
    $79,031.90
    $82,983.50
    $84,564.13

    Total
    Net
    Expenses
    Savings
    $69,276.65 $9,755.25
    $71,397.67 $10,243.01
    $74,126.02

    7% Proj.
    Increase
    $69,978.48
    $12,936.55
    $1,649.11
    $84,564.13

    $16,853.04
    $9,892.42
    $13,910.00
    $619.52
    $1,368.39
    $7,470.78
    $14,432.16
    $9,579.71
    $74,126.02

    06/08/2015

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