THINKING SECTION 15. Shway is a student at a college. She has a part-time job with take-home pay of $525 every two weeks. She has received a scholarship of $4100 this year. This table shows her expenses. Expense Amount Tuition $3700/year $650/month Rent and utilities Food Cell phone Clothing Miscellaneous $70/week $40/month $90/2 weeks $140/2 weeks a) Use the data provided to design a monthly budget for Shway. Show your calculations and indicate whether each expense or income is fixed (F) or variable (V). b) Is Shway earning enough to cover her expenses? If not, suggest how she could balance the budget. Income (description) Calculations Monthly Amount (S) Total (S)
THINKING SECTION 15. Shway is a student at a college. She has a part-time job with take-home pay of $525 every two weeks. She has received a scholarship of $4100 this year. This table shows her expenses. Expense Amount Tuition $3700/year $650/month Rent and utilities Food Cell phone Clothing Miscellaneous $70/week $40/month $90/2 weeks $140/2 weeks a) Use the data provided to design a monthly budget for Shway. Show your calculations and indicate whether each expense or income is fixed (F) or variable (V). b) Is Shway earning enough to cover her expenses? If not, suggest how she could balance the budget. Income (description) Calculations Monthly Amount (S) Total (S)
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