math life plan project

by:gabriel bridges

occupation

  • Annual Income: 155,000 for being a cia special agent

  • degree needed bachelors degree

college attending

  • Tuition per semester: 34,714 for going to Florida state

  • Total tuition to obtain degree:277, 712

  • School loan terms: 30 years, 277,712, rate is 4.6

  • Additional interest for 2 year deferment:26137.1

  • School loan payment after deferment:303849.1

address

  • Loan terms: 3.79 rate and 30 year payment

  • Monthly payment:5634.79

  • Total interest over the life of the loan: 2028524.4

vehical

  • Terms of the loan:4% rate 60 month loan for my ford f150

  • Monthly payment:504.3

Total interest over the life of the loan:30258

budget

Monthly Income (Paycheck)

$12916.7

Mortgage Payment

Fixed Amount

$5634.79

Car Payment

Fixed Amount

$504.3

Student Loan Payment

Fixed Amount

$2886.7

Utilities

8%

1033

Food

14%

$1808

Insurance

4%

$516

Gas

5%

$645.83

Cell Phone

6%

$775

Clothing

4%

$516

Entertainment

8%

$1033

Savings

10%

$1291.67

reflection

What was your biggest learning experience throughout this project? Why?

How to pay for a college because I will need this information later in life.

What adjustments did you have to make throughout the project to stay within budget and why?

Chang the stuff I want to stay on budget

How does this compare your initial ideas of beginning adulthood?

It makes me think about how I should do what I need in the future