Question

Julia brings home ​$2 comma 200 per month after taxes.​ Julia's rent is ​$806 per​ month, her utilities are ​$136 per​ month, and her car payment is ​$277 per month. Julia is currently paying ​$196 per month to her orthodontist for her braces. If​ Julia's groceries cost ​$66 per week and she estimates her other expenses to be ​$204 per​ month, how much will she have left each month to put toward savings to reach her financial​ goals?

Answer 1

$317

Step-by-step explanation:

the amount left will be each month = net pay - total expenses

net pay ( after taxes) = $2,200

total expenses

rent $806

utilities $136

car $277

orthodontist $196

groceries($66×4) $264

others $204

total expenses = $1,883

amount left each month = $2,200 - $ 1883

=$317

Answer 2

The amount left for Julia to save after all expenses have deducted from her take-home(disposable income) is $317 as shown below.

Step-by-step explanation:

The amount that Julia can save is the amount left of her disposable income when all expenses are taken care of.

The amount that could be saved is computed thus:

Take-home amount $2,200

Rent ($806)

Utilities ($136)

Car payment ($277)

Orthodontist payment ($196)

Groceries($66*4 weeks) ($264)

Other expenses ($204)

Savings $317