The document discusses a pharmacist's career choice and monthly finances. It outlines that the pharmacist earns a gross monthly income of $2,343.17 but takes home $1,740.04 after taxes, 401k, and other deductions. Monthly expenses total $5,111.80, exceeding take home pay. The document then analyzes savings and investment options, purchasing a TV on credit, and choices for buying a new or used car. In the final task, it notes monthly expenses are 61.02% of earnings and the pharmacist would put leftover money into savings and investigate other investment options.

2. TASK 1
Career Choice: Pharmacist
Income: $28,118.00
Gross Monthly Income: $2,343.17
Paid into taxes each month
• 401k= $37.49
• Disability= $15.00
• Healthcare= $82.01
• Time-off= pay
Monthly take-home income $1,740.04

3. TASK 2
Housing…………………………………………………………………………..$751
Utilities…………………………………………………………………………….$397
Food……………………………………………………………………………….$400
Transportation…………………………………………………………………..$1,310
Clothes…………………………………………………………………………....$350
Health Care………………………………………………………………………$353
Entertainment…………………………………………………………………….$150
Personal…………………………………………………………………………..$550
Miscellaneous……………………………………………………………………$750
Savings……………………………………………………………………………$100.8
Monthly
Expenses……………………………………………………………….$5,111.8
Annual Expenses………………………………………………………….$61,341.6
Taxes…………………………………………………………………………$9,201.24
Annual Salary
Needed………………………………………………………$70,548.84

4. TASK 3
For my saving I chose to go with the Savings Account because if there is
an emergency I can get my money out when I need to.
Institution: Discover Bank
Interest Rate: .85%
Compound Period: Daily
Initial Investment Needed: $500
At the end of five years my $500 investment will turn into 521.70. I will keep
adding on to my savings account for another five years to make double.

5. TASK 4
I purchased a Samsung UN55F9000-55” LED Smart T.V.- 4k U.H.&T.V.(2160p)
for $2,056 with my 15% annual interest rate. It will take me 23 months to
pay it off with minimum payments of $2,196.01 every month. The total
price I will be paying for the T.V. is $2,384.96. I would choose to pay
$226.16 every month because it would pay off the card faster with less
interest having to be paid.

6. TASK 6
Car: 2014 Civic Sedan
New:$24,331.00 Used:$15,991.00
I chose the option of buying a car new at $24,331.00 with 36 monthly
payments with a 2.39% interest rate. The payment every month would
be 4,1342.42. I choose this because I want to pay it off sooner and this
way I wont be paying more in interest rates than the car is worth.

7. FINIAL TASK
My Monthly Expenses are $5,111.80
The Percentage of my earnings that I spend it only 61.02%
Realistically what I would do with the left over money I have is probably put
it into my Savings Account than I initially said and probably find another
way of investing on top of the Savings Account.