You are creating a formula in Excel to calculate the amount you should save each pay period for financial goals. Use the information and table below: Gross Income: C2 Pay Period: D2 Budget: B2:B4 Remember to follow these steps to calculate the financial savings per pay period: 1. Changes your gross income to a realized income 2. Calculates your net income per pay period 3. Calculates the amount to save for financial goals. Example of cells A B C D Budget 1 Gross Income Pay Period 2 Lifestyle 30% $56,230.00 24 3 4 Financial Essential 20% 50% 5 Identify the cells and operations (+, -, *, /) you need to finish the formula. A B C D Gross Pay Budget 1 Income Period 2 Lifestyle 30% $ 56,230.00 24 3 Financial 20% 4 Essential 50% 5 →Identify the cells and operations (+.../) you need to finish the formula. = C2 0.70/• * 3

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
You are creating a formula in Excel to calculate the amount you should save
each pay period for financial goals. Use the information and table below:
Gross Income: C2
Pay Period: D2
Budget: B2:B4
Remember to follow these steps to calculate the financial savings per pay
period:
1. Changes your gross income to a realized income
2. Calculates your net income per pay period
3. Calculates the amount to save for financial goals.
Example of cells
A
B
C
D
Budget
1
Gross
Income
Pay
Period
2 Lifestyle
30% $56,230.00
24
3
4
Financial
Essential
20%
50%
5
Identify the cells and operations (+, -, *, /) you need to finish the formula.
Transcribed Image Text:You are creating a formula in Excel to calculate the amount you should save each pay period for financial goals. Use the information and table below: Gross Income: C2 Pay Period: D2 Budget: B2:B4 Remember to follow these steps to calculate the financial savings per pay period: 1. Changes your gross income to a realized income 2. Calculates your net income per pay period 3. Calculates the amount to save for financial goals. Example of cells A B C D Budget 1 Gross Income Pay Period 2 Lifestyle 30% $56,230.00 24 3 4 Financial Essential 20% 50% 5 Identify the cells and operations (+, -, *, /) you need to finish the formula.
A
B
C
D
Gross
Pay
Budget
1
Income
Period
2
Lifestyle
30% $ 56,230.00
24
3 Financial
20%
4 Essential
50%
5
→Identify the cells and operations (+.../) you need to finish the formula.
= C2
0.70/•
*
3
Transcribed Image Text:A B C D Gross Pay Budget 1 Income Period 2 Lifestyle 30% $ 56,230.00 24 3 Financial 20% 4 Essential 50% 5 →Identify the cells and operations (+.../) you need to finish the formula. = C2 0.70/• * 3
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman