2. Total Income
Occupation: Chemical
Engineer
Initial Income: $55,000
FICA: $4,207.50
State Income Tax:
$3,300
Federal Income Tax:
$7600
Post-Taxes Total:
$39,892.50
Occupation: Biomedical
Engineer
Initial Income: $45,000
FICA: $3442.50
State Income Tax:
$2,700
Federal Income Tax:
$5100
Post-TaxesTotal:
$33,757.50
Evelyn Steven
3. Savings (20% of Adjusted
Income)
$7,978 Annual Savings
American Express High-
Yield Savings Account
$6,778
1.15% APY
Bank of America
Checking Account
$1200
$6,752 Annual Savings
American Express High-
Yield Savings Account
$5,552
1.15% APY
Bank of America
Checking Account
$1200
Evelyn Steven
4. Housing
One story apartment
2 bedrooms
2 bathrooms
1 car garage/ covered
parking
Appliances included
(refrigerator, microwave,
washer, dryer, etc.)
Size: 1049 sq. ft
12- month leasing term
3868 Central Pike #100, Hermitage, TN 37076
THERE WE
ARE!
16. Extracurricular Activities (cont.)
Video Games - $250
Surround Sound
Audio
$300/person
Vacationing
$4000
TOTAL: $8463.00
Video Games - $250
Surround Sound
Audio
$300/person
Vacationing
$2500
TOTAL: $5463.00
Evelyn Steven
We will also attend the following annual events: the Nashville Film Festival, the
Tomato Art Fest, the CMA Music Festival, the Tennessee State Fair.
*CMA Music Festival has a $35 Admission Fee
18. Work Cited
Advertisement. ForRent.com. N.p., n.d. Web. 8 June 2011.
<http://www.forrent.com/apartment-community-
profile/999911661.php>.
Amazon.com. N.p., n.d. Web. 8 June 2011.
<http://www.amazon.com>.
American Express. American Express Company, n.d. Web. 8 June
2011. <https://home.americanexpress.com/home/axpi/>.
“AT&T.” AT&T. AT&T Intellectual Property, n.d. Web. 8 June 2011.
<http://www.att.com/#fbid=6tfQ9-NTOSC>.
“Canyon Ridge Apartments.” Canyon Ridge. N.p., n.d. Web. 8 June
2011.
<http://property.onesite.realpage.com/templates/template_concept04_
hex_mr/default.asp?w=mrcanyonridge>.
“Energy Consumption in Tennessee Homes.” Energy Efficiency and
Renewable Energy. US Department of Energy, n.d. Web. 8 June 2011.
<http://apps1.eere.energy.gov/states/residential.cfm/state=TN>.
“Fuel Economy.” Energy Efficiency and Renewable Energy. U.S.
Department of Energy, n.d. Web. 8 June 2011.
19. Works Cited (cont.)
“Home.” Bank of America. Bank of American Corporation, n.d. Web. 8
June 2011. <https://www.bankofamerica.com/>.
“Nashville, Tennessee.” Wikipedia. N.p., n.d. Web. 8 June 2011.
<http://en.wikipedia.org/wiki/Nashville>.
“Official Site of the County Music Association.” CMA World. CMA, n.d.
Web. 8 June 2011. <http://www.cmaworld.com/cma-music-
festival/index>.
Smart. Smart USA Distributor LLC, n.d. Web. 8 June 2011.
<http://www.smartusa.com>.
“Tennessee Gas Prices.” GasBuddy.com. N.p., 2011. Web. 8 June 2011.
<http://www.tennesseegasprices.com/>.
United States. Dept. of Agriculture. “U.S. Average, April 2011.” Official
USDA Food Plans: Cost of Food at Home at Four Levels. N.p., n.d.
Web. 8 June 2011.
<http://www.cnpp.usda.gov/Publications/FoodPlans/2011/CostofFoodAp
r2011.pdf>.
“Utilities.” Nashville Area Chamber of Commerce. N.p., n.d. Web. 8
June 2011.
<http://www.nashvillechamber.com/Homepage/BusinessNashville/Rese