3. Carlos has made a list of his income and expenses for one month
Expenses Rent: $445.00
Food: $195.00
Entertainment: $79.85
Utilities: $45.15
Transportation: $75.00
Clothing: $72.95
Cell phone bill: $47.95
Miscellaneous: $25.00
Income
Semi-monthly paycheque: $539.92
Semi-monthly paycheque: $539.92 a) He plans to put any extra money into a savings account. How much money does he have to put into savings?
b) How much money can Carlos save over the course of one year? c) What percentage of his income do Carlo's savings represent?
d) Carlos hopes to buy a new computer in one year. He expects it will cost him $1500.00.
How much more would he need to save per month to be able to afford it? Suggest one way he could do this.