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    The document projects the Stevens family annual budget for the current year and two future years with 5% and 7% increases respectively. Total income is projected to increase from $79,031.90 currently to $82,983.50 with a 5% increase and $84,564.13 with a 7% increase. Total expenses are also projected to rise from the current $69,168.65 to $72,627.08 with a 5% increase and $74,010.46 with a 7% increase. The net savings is projected to grow from the current $9,863.25 to $10,356.41 with a 5% increase and $10,553.68 with a 7% increase

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    The document projects the Stevens family annual budget for the current year and two future years with 5% and 7% increases respectively. Total income is projected to increase from $79,031.90 currently to $82,983.50 with a 5% increase and $84,564.13 with a 7% increase. Total expenses are also projected to rise from the current $69,168.65 to $72,627.08 with a 5% increase and $74,010.46 with a 7% increase. The net savings is projected to grow from the current $9,863.25 to $10,356.41 with a 5% increase and $10,553.68 with a 7% increase

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    17 views1 page

    Xtest5a3 - Thompsoniv

    Uploaded by

    api-288221577
    The document projects the Stevens family annual budget for the current year and two future years with 5% and 7% increases respectively. Total income is projected to increase from $79,031.90 currently to $82,983.50 with a 5% increase and $84,564.13 with a 7% increase. Total expenses are also projected to rise from the current $69,168.65 to $72,627.08 with a 5% increase and $74,010.46 with a 7% increase. The net savings is projected to grow from the current $9,863.25 to $10,356.41 with a 5% increase and $10,553.68 with a 7% increase

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    XTEST5A

    Ricky A. Thompson IV
    STEVENS FAMILY
    ANNUAL BUDGET

    Income from Salaries


    Other Income

    Investments
    Royalties
    TOTAL INCOME
    Fixed Expenses

    Mortgage
    Insurance
    Tuition
    Automobile
    Variable Expenses

    Utilities
    Food
    Credit Cards
    Other
    TOTAL EXPENSES
    NET SAVINGS

    Current
    5% Proj.
    Year
    Increase
    $65,400.45 $68,670.47
    $0.00
    $12,090.23 $12,694.74
    $1,541.22 $1,618.28
    $0.00
    $79,031.90 $82,983.50
    $0.00
    $0.00
    $15,750.50 $16,538.03
    $9,245.25 $9,707.51
    $13,000.00 $13,650.00
    $578.99
    $607.94
    $0.00
    $1,278.87 $1,342.81
    $6,982.04 $7,331.14
    $13,380.00 $14,049.00
    $8,953.00 $9,400.65

    $69,168.65 $72,627.08 $74,010.46


    $9,863.25 $10,356.41 $10,553.68

    SUMMARY OF PROJECTIONS

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

    7% Proj.
    Increase
    $69,978.48
    $0.00
    $12,936.55
    $1,649.11
    $0.00
    $84,564.13
    $0.00
    $0.00
    $16,853.04
    $9,892.42
    $13,910.00
    $619.52
    $0.00
    $1,368.39
    $7,470.78
    $14,316.60
    $9,579.71

    Total
    Total
    Net
    Income Expenses
    Savings
    $79,031.90 $69,168.65 $9,863.25
    $82,983.50 $72,627.08 $10,356.41
    $84,564.13 $74,010.46 $10,553.68

    06/10/2015

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