State the profession that you intend or would like to pursue and where you would like to live. Explain something about why you selected your chosen profession and desired location. Research

communications project and need the explanation and answer to help me learn.

attached everything needed.
Requirements: Answering questions
MGF 1107 PROJECT #03 – BUDGET
Objective: This project is intended to give you practice with calculating income from investments and predicting monetary needs based on future and current expenditures. You will identify professions and locations that appeal to you so that you may begin thinking about what may affect future decisions.
Make the following assumption: You will graduate this Spring and get your preferred job immediately upon graduation. Be sure to show all calculations when asked.
State the profession that you intend or would like to pursue and where you would like to live. Explain something about why you selected your chosen profession and desired location.
Research potential starting salaries and possible house prices for your choices in your desired location and provide them. Include your citations for the values and any assumptions that you are making about your choices.
Research what the state and federal income taxes are for the state in which you want to live. Keep in mind that not all states have a state income tax. Based on your research, what will your salary be after taxes? Show calculations.
Lets assume that housing prices will remain relatively stable and you plan to pay 20% for a down payment for your chosen house from Step 2. Assuming that you take out a 30-year mortgage with an APR of 5% on the balance, what will your monthly mortgage payments be? Show calculations on a separate sheet.
If you put away $100 a month from after graduation until retirement (age 65) in an investment account with an APR of 3.5% how much will you have to retire on? Show calculations. Show calculations on a separate sheet.
Recreate the table on page 2 (showing monthly amounts) and calculate your monthly budget and cash flow based on the salary you found in Step 2. You can add or eliminate as needed.
What is your net cash flow each month? Show your calculations.
If your monthly cash flow is negative, explain what adjustments would make sense for you to make in your lifestyle in order to meet your monthly goals. Make sure your response is realistic.
What are your thoughts on your chosen profession and chosen location? Do you feel that your goals are reasonable and possible?
What are your thoughts on the retirement amount you calculated in Step 5? Do you feel that it will be enough to put away $100 a month?


smartcustomessays.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we\’ll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Why Hire smartcustomessays.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.


Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more