Answer: yearly cost for housing expenses is equal to $11,400, average monthly cost for food = $650
yearly cost for clothing = $900,
average monthly cost for transportation= $500,
yearly cost for insurance & medical= $14,400,
yearly cost for emergency fund = $600,
average monthly cost for savings for college= $50
<u>Explanation:</u>
also, the percentage can be calculated by dividing the individual yearly cost by total cost whole multiplied by 100
eg.
income tax yearly percentage = (400/4800) X 100
= 9.80%
Therefore income tax yearly percentage is 9.80%
