5. Transportation G35 Coupe $17,500 MPG: 16-City, 23 Highway, 19-Combined Tank Size- 20 gallons Car Insurance- GEICO, $1,846.80 annually, $153.9 on a monthly basis Price of gallon- $3.44 per gallon (avg.) Roughly estimated 11 gallon usage= $37.84 a week= $1,967.68 a year for gas per person.
6. Remaining Income Car(1+tax rate)+Insurance+Gas= (17500)(1.07)+(1846.80)+(1967.68)= $22,539.48 ($22,539.48)/(Max+David)= $11,269.74 each
9. Housing Renting Berkshires At Ashley River 1850 Ashley Crossing Lane Charleston, SC 29414 House Information Size: 1040 square-feet Single Family Home 2 Bedrooms 2 Bathrooms
10. Housing Information Housing Costs: Rent Term: 12 Months Deposit: $125 Living Cost: $816 per month or $9,792 per year Renter’s Insurance Cost: $19 per month or $228 per year
11. Remaining Income (House Rent)+(Rent Insurance)= ($9,792)+ ($228)= $10,020 per year ($10,020)/(Max+David)= $5,010 each
17. Work Cited Housinghttp://www.rent.com/rentals/south-carolina/charleston-and-vicinity/charleston/berkshires-at-ashley-river/479865/2/http://www.affordablehomeinsurance.org/?bid=3709&zid=2823 Taxhttp://www.tax-rates.org/South_Carolina/income-tax/http://www.irs.gov/pub/irs-pdf/f1040ez.pdfhttp://www.sctax.org/NR/rdonlyres/ACD264C6-3FD5-4AD1-A6AA-240F41E3E1EE/0/st439_61705.pdfhttp://www.sciway.net/facts/ Transportationhttp://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=297485499&dealer_id=66181119&car_year=2005&position=top&make_desc=Infiniti&distance=100&address=29401&origuri=%2Ffind%2Fused-Infiniti-G35-cars-for-sale-Charleston-29401.jsp&sort_type=priceASC&keywordsfyc=&search_type=used&model_desc=G35&cardist=83&standard=falsehttp://www.southcarolinagasprices.com/GasPriceSearch.aspx Car Insurancehttps://sales2.geico.com/internetsales/iSnapCoverages.xhtml?_gk=_c36F90444-CE14-33AB-BBE7-8254455B56B6_k302DBBE9-E3A2-678D-453A-EF2C15A110D6 Health Insurancehttps://enrollment.bcbssc.com/enroll/im/aar_im_index.jsp Savinghttps://chaseonline.chase.com/resources/RateSheetForCons0011682011.pdfhttps://www.chase.com/index.jsp?pg_name=ccpmapp/individuals/savings/page/chase_savings Utilitieshttp://www.city-data.com/forum/charleston-area/283405-utility-bills.html