1. Seager Period 1
By: Max Yang and David Han

2. Max David
Occupation: Software Engineer
Initial Income: $55,000
Post-Tax: $38,050
FICA: $3,850
Total: $34,200
Occupation: Dental Assistant
Initial Income: $40,000
Post-Tax: $26,467
FICA: $2,800
Total: $23,667

3. Max David
•$3,420.00
•Chase Plus Saving- .05% APY
$2,052.00
•Chase Plus Checking- .01% APY
$1,368.00
•$2,366.70
•Chase Plus Saving- .05% APY
$1,420.02
•Chase Plus Checking- .01% APY
$946.68

4. Max David
$34,200 - $3420 (savings)=
$30,780
$23,667 - $2,366.70 (savings)=
$21,300.3

5. 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. 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
Max David
$30,780- $11,269.74=
$19,510.26
$21,300.30- $11,269.74=
$10,030.56

7. Max David
•BlueShield- Personal BluePlan 2
•$1,512 Annually
•$126 per month per person
•Low Deductible Health Plan
•60% Coinsurance
•Individual Coverage
•BlueShield- Personal BluePlan 2
•$1,512 Annually
•$126 per month per person
•Low Deductible Health Plan
•60% Coinsurance
•Individual Coverage

8. Max David
$19,510.26- $1,512=
$17,998.26
$10,030.56- $1,512= $8,518.56

9. 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 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. Max David
$17,998.26- $5,010= $12,998.26 $8,518.56- $5,010= $3,508.56
(House Rent)+(Rent Insurance)= ($9,792)+ ($228)=
$10,020 per year
($10,020)/(Max+David)= $5,010 each

12. Shared Costs:
 Electricity: $1,860
 Water: $240
 Gas: $2,640
 Phone + Internet: $1,980
 Sewer: $396

13. Max David
$12,998.26- $7116= $5,882.26 $3,508.56

14. Food- $80 per week or $4160 per year

15. Max David
(split money)
($5,882.26+ $3,508.56)/2=
$4,695.41
$4,695.41- $4160= $535.41
(split money)
($5,882.26+ $3,508.56)/2=
$4,695.41
$4,695.41- $4160= $535.41

16. Max David
Clothing: $400
Movies: $80
Other: $20
Clothing: $460
Other: $40

17.  "Berkshires at Ashley River in Charleston, SC." Apartments for Rent & Homes for Rent - Rent.com® Apartment
Finder. Ebay. Web. 08 June 2011. <http://www.rent.com/rentals/south-carolina/charleston-and-
vicinity/charleston/berkshires-at-ashley-river/479865/2/>.
 "BlueQuote for Shoppers." MBM/BlueQuote Test Page. BlueShield. Web. 08 June 2011.
<https://enrollment.bcbssc.com/enroll/im/aar_im_index.jsp>.
 "Cars For Sale: Car Details - AutoTrader.com." New Cars, Used Cars - Find Cars at AutoTrader.com. AutoTrader.
Web. 08 June 2011. <http://www.autotrader.com/fyc/vdp.jsp?ct=p>.
 "GEICO | Recall an Auto Insurance Quote ~." Welcome to GEICO: Online Rate Quote. GEICO. Web. 08 June 2011.
<https://sales2.geico.com/internetsales/iSnapCoverages.xhtml?_gk=_c36F90444-CE14-33AB-BBE7-
8254455B56B6_k302DBBE9-E3A2-678D-453A-EF2C15A110D6>.
 "Online Banking | Bank Online with Complete Confidence." CHASE Home: Personal Banking | Personal Lending |
Retirement & Investing | Business Banking. CHASE Banking. Web. 08 June 2011.
<https://www.chase.com/index.jsp?pg_name=ccpmapp/individuals/savings/page/chase_savings>.
 "Rate Sheet for Consumer Deposit Accounts." ChaseOnline. CHASE Banking. Web. 8 June 2011.
<https://chaseonline.chase.com/resources/RateSheetForCons0011682011.pdf>.
 "Renters' Insurance Cost." Affordable Home Insurance. Affordable. Web. 08 June 2011.
<http://www.affordablehomeinsurance.org/?bid=3709>.
 "South Carolina Gas Prices - Find Cheap Gas Prices in South Carolina." South Carolina Gas Prices - Find Cheap
Gas Prices in South Carolina. South Carolina Gas Prices. Web. 08 June 2011.
<http://www.southcarolinagasprices.com/GasPriceSearch.aspx>.
 "South Carolina SC - Fast Facts." SCIWAY - South Carolina's Information Highway - SC. Sciway. Web. 08 June
2011. <http://www.sciway.net/facts/>.
 "South Carolina (SC) Income Tax Rates and Tax Brackets 2010/2011." 2011 State Tax Rates & Exemptions. U.S.
Government, 2011. Web. 08 June 2011. <http://www.tax-rates.org/South_Carolina/income-tax/>.
 "Utility Bills... (Charleston: Appliances, House, Utilities) - Charleston - North Charleston - Mt. Pleasant -
Summerville - Goose Creek - City-Data Forum." Stats about All US Cities - Real Estate, Relocation Info, House
Prices, Home Value Estimator, Recent Sales, Cost of Living, Crime, Race, Income, Photos, Education, Maps,
Weather, Houses, Schools, Neighborhoods, and More. City Data, 2005. Web. 08 June 2011. <http://www.city-
data.com/forum/charleston-area/283405-utility-bills.html>.

18. Housing
http://www.rent.com/rentals/south-carolina/charleston-and-vicinity/charleston/berkshires-at-ashley-river/479865/2/
http://www.affordablehomeinsurance.org/?bid=3709&zid=2823
Tax
http://www.tax-rates.org/South_Carolina/income-tax/
http://www.irs.gov/pub/irs-pdf/f1040ez.pdf
http://www.sctax.org/NR/rdonlyres/ACD264C6-3FD5-4AD1-A6AA-240F41E3E1EE/0/st439_61705.pdf
http://www.sciway.net/facts/
Transportation
http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=297485499&dealer_id=66181119&car_year=2005&position=top&m
ake_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=false
http://www.southcarolinagasprices.com/GasPriceSearch.aspx
Car Insurance
https://sales2.geico.com/internetsales/iSnapCoverages.xhtml?_gk=_c36F90444-CE14-33AB-BBE7-
8254455B56B6_k302DBBE9-E3A2-678D-453A-EF2C15A110D6
Health Insurance
https://enrollment.bcbssc.com/enroll/im/aar_im_index.jsp
Saving
https://chaseonline.chase.com/resources/RateSheetForCons0011682011.pdf
https://www.chase.com/index.jsp?pg_name=ccpmapp/individuals/savings/page/chase_savings
Utilities
http://www.city-data.com/forum/charleston-area/283405-utility-bills.html