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April 21, 2014

Homework Help: Finance

Posted by Dimples on Friday, September 2, 2011 at 11:09am.

Jenny has a part time job and her net take-home income is $2000 per month. She needs to allocate her funds to reflect a balanced monthly budget. Jenny's main categories of expenses include rent, utilities, and groceries.

How would Jenny best utilize her income for the month?
What categories and in what amounts should Jenny allocate her funds to reflect a balanced monthly budget? Include the main categories as well as examples of other categories.

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