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

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 16E
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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
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