QSR FINANCIAL LITERACY PROJECT Brittany Morse 062518 This
QSR FINANCIAL LITERACY PROJECT Brittany Morse 06/25/18
This project will help me figure out a plan to pay off my student loans without too much problem.
Subsidized Student loans are loan given for financial needs Unsubsidized Student loans are loans where requirements are not needed Monthly Payments $39. 72 Amount to principle $28. 87 Monthly Payments $68. 07 Amount to interest $10. 85 Amount to principle $49. 47 10 years to pay Amount to interest $18. 60 10 years to pay ESTIMATED MONTHLY PAYMENT
$49, 360/yr www. criminaljusticedegreeschools. com $54, 080/yr www. study. com Estimated yearly annual $ 51, 720 Monthly Salary SOCIAL WORK IN THE JUVENILE Before Taxes $4, 310 DETENTION FACILITY After Taxes $4, 309
Expenses Percentage Monthly Charge Rent $864. 00 Electric $65. 00 Cell $95. 00 Hulu $10. 00 Cable $128. 73 Car Payment $80. 00 Auto Expenses $240. 00 Netflix $10. 00 MONTHLY BUDGET Groceries $800. 00 Spotify $10. 00 Total $2, 302. 73
Monthly charge 1000 900 800 700 600 500 400 300 200 100 MONTHLY EXPENSES H ul u ify ot ce Monthly charge Sp s rie fli x et G ro Ex to N ns pe ym Au ar pa C C es t en le ab l C el c ec tri El re n t 0
SUMMARY • I learned a lot about simple interest and future value in this project also how to adjust my day to day living expenses. • This project showed me how to understand financial aid better.
Financial Aid Letter Office U. S Department of Education (2018). Interest rates for new direct loans. Retrieved from http: //studentaid. edu. gov www. criminaljusticedegreeschools. com www. study. com REFERENCES
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