Keisha and Juan are having a baby and want to know the monthly expenses. Keisha makes $10 an hour and Juan makes $16 an hour. They both work 40 hours a week. Keisha has calculated the costs of monthly expenses for the baby.
Diapers $80 (monthly)
Formula $200 (monthly)
Clothes $75 (monthly)
Daycare $400 (monthly)
How much per month does each person make? What is the total monthly expense for the baby? What percentage of their salary will go toward the baby? What do you think it will be like raising a baby on their salary?