Total income QUESTION 333.1In January 2021 Siphiwo worked for a factory. His nett monthly salarywas R17 100,50.Use this information to complete his monthly budget:According to market researchers, people in Siphiwo income typically spenttheir money as shown below:* 26,5% on foodR12 000,00 on18,9% on.clothing and footwear yearlyà housing and electricityR700,00 on transport monthly* 4% on medical and dental expenses6,5% on insurance and investments funds3,7% on personal careR660,00 on communication monthly4,4% on savings5% on other thingsNOTE: Answer on the answer sheet provided at the end of thisquestion paper!QUESTION 4Study the till slip and answerFABIA'S SUPERM56 Dove AvenKing WilliaTel Nr: (Last d#INCOME:SalaryR 17 100,50Total income3.1.1R(1)EXPENSES:Food3.1.2Clothing and footwear3.1.3Housing and electricityTransportMedical and dental expenses3.1.4Insurance and investments funds3.1.5RRRRRR(1)(1)R 3 232,00R 700,00(1)(1)Personal careR 632,72Communication3.1.6R(1)SavingsOther things3.1.7TOTAL EXPENSES3.1.8INCOME EXPENSES3.1.9RRRRR 752,42rac(1)(1)(1)SURPLUS/DEFICIT3.1.10(1)(Please indicate)[10]Page 4 of 8

Responseshttps://www.investopedia.com/budgeting-4689726https://www.investopedia.com/terms/e/expenser…

Answered: QUESTION 3 3 3.1 In January 2021…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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