5. Katarina makes $36,000 per year before taxes, and takes home around $2500 each
month. Given below is an unfinished table representing her monthly budget. Complete the
table and answer the questions below. (17 points: Part 1 - 1 point; Part II - 2 points; Part III
- 1 point; Part IV - 1 point; Part V - 5 points; Part VI - 1 point; Part VII - 6 points)
145
Rent
Groceries
Utilities
Entertainment
Car Expenses
Savings
Other
$
$
300
200
20%
10%
19
Part I: What is the rule of thumb" on how much Katarina should spend each month on rent?
(1 point)