For all parts, please use $1,192.45 as your bi-weekly net pay. a. Using the categories and percentages below. create a monthly budget using the bi-weekly net pay given. 1. Choose a percent within the given range. When choosing each percent, make sure your sum total of all categories equals 100%. 2. Then. using the bi-weekly net pay of $1,192.45, calculate, in dollars, the maximum amount you can spend in each category monthly. (Calculate your monthly net pay and multiply by your chosen percentage.) Housing: 25%-35%Food/Household: 10%-20%Savings: 5%-10% Transportation: 15%-20%Debt: 5%-15%Entertainment: 5%-10%Medical/Personal Care: 3%-7%Giving: 5%-10%Clothing: 3%-5%Miscellaneous: 5%-10%
