Nashville Powerpoint :D

1. NASHVILLE, TENNESSEE
Evelyn Chang & Steven HuangPer. 5

2. Total Income
 Occupation: Chemical
Engineer
 Initial Income: $55,000
 FICA: $4,207.50
 State Income Tax:
$3,300
 Federal Income Tax:
$7600
 Post-Taxes Total:
$39,892.50
 Occupation: Biomedical
Engineer
 Initial Income: $45,000
 FICA: $3442.50
 State Income Tax:
$2,700
 Federal Income Tax:
$5100
 Post-TaxesTotal:
$33,757.50
Evelyn Steven

3. Savings (20% of Adjusted
Income)
 $7,978 Annual Savings
 American Express High-
Yield Savings Account
 $6,778
 1.15% APY
 Bank of America
Checking Account
 $1200
 $6,752 Annual Savings
 American Express High-
Yield Savings Account
 $5,552
 1.15% APY
 Bank of America
Checking Account
 $1200
Evelyn Steven

4. Housing
 One story apartment
 2 bedrooms
 2 bathrooms
 1 car garage/ covered
parking
 Appliances included
(refrigerator, microwave,
washer, dryer, etc.)
 Size: 1049 sq. ft
 12- month leasing term
3868 Central Pike #100, Hermitage, TN 37076
THERE WE
ARE!

5. Housing Costs
 Monthly Rent: $945
 $11,340 annually
 $5670/person/year
 Security Deposit:
$100
 $50/person
 Renter's Insurance:
 $195/year
 $97.50/person/year

6. Income Remaining…
 Initial: $39,892.50
 - $7978 Savings
 - $5670 Rent
(annual)
 - $50 deposit
 - $97.50 Rent Ins.
 Remain: $26,097.00
 Initial: $33,757.50
 - $6,752 Savings
 - $5670 Rent
(annual)
 - $50 deposit
 - $97.50 Rent Ins.
 Remain: $21,188.00
Evelyn Steven

7. Healthcare
 $1,608.96 annually
 $134.08/month/ person
 Plan includes:
 $5,000 Deductible -
K19P
 20% Coinsurance for in-
network service
 $35 PCP/$50 Specialist
Co-pay
 $8/$35/$60
Prescriptions
 Individual Coverage
 $1,260.48 annually
 $105.04/month/ person
 Plan includes:
 $5,000 Deductible -
K19P
 20% Coinsurance for in-
network service
 $35 PCP/$50 Specialist
Co-pay
 $8/$35/$60
Prescriptions
 Individual Coverage
Evelyn Steven

8. Income Remaining…
 Initial: $26,097.00
 - $1608.96
Insurance
 Remain: $24,488.04
 Initial: $33,757.50
 - $1,260.48
Insurance
 Remain: $19,927.52
Evelyn Steven

9. Transportation
 Price: $14, 690.00
 Est. Monthly Payment:
$234.00
 Car Insurance: Esurance -
$1233.48 annually
 State Registration Fee:
$90.00
 Gas prices per gallon in
Nashville: $3.574/gallon
 MPG: 41 (hwy); 29 (hwy)
 Roughly estimated 5 gallon
usage per week: $17.87/
week
2011 Smart fortwo Passion Coupe

10. Income Remaining…
 Initial: $ 24,488.04
 - $1404.00 Car
 - $1000 Down pay.
 - $616.74 Car Ins.
 - $45 Registration
 - $464.62 Gas
 Remain: $21,957.68
 Initial: $19,927.52
 - $1404.00 Car
 - $1000 Down pay.
 - $616.74 Car Ins.
 - $45 Registration
 - $464.62 Gas
 Remain: $16,397.16
Evelyn Steven

11. Utility Costs
 Electricity
About 572 kWh/month @
$0.06895/kWh/month
 $39.44/person/month
 Natural gas
$10-13/month depending on season
 $11.50/person/month
 Water
 $20.19/person/month
 AT&T Phone, Internet,
DirecTV
 $67.94 month
($33.97/person/month)
TOTAL UTILITY COST PER

12. Income Remaining…
 Initial: $21,957.68
 - $1261.20 Utilities
(annual)
 Remain: $20,696.48
 Initial: $16,397.16
 - $1,261.20 Utilities
(annual)
 Remain: $15,135.96
Evelyn Steven

13. Living Costs (food & other
necesities)
 Food: $100/week
($5200.00/year)
 TV (split cost):
$724.50/person
 Household Supplies:
$261.60/person
 Furniture (split cost):
$2000/person
TOTAL LIVING COST
PER YEAR: $8186.10
 Food: $120/week
($6240.00/year)
 TV (split cost):
$724.50/person
 Household Supplies:
$261.60/person
 Furniture (split cost):
$2000/person
TOTAL LIVING COST
PER YEAR: $9226.10
Evelyn Steven

14. Income Remaining…
 Initial: $20,696.48
 - $8,186.10 (Living
Costs)
 Remain:$12,510.38
 Initial: $15,135.96
 - $9,226.10 (Living
Costs)
 Remain:$5,909.86
Evelyn Steven

15. Extracurricular Activities
 Shopping - $2,500
 Guitar
 $150 (cost of guitar)
 $1,200/yr (lessons)
 Netflix Subscription
 $4.00/month/person
 Time Magazine Sub.
 $15/yr/person
 Shopping - $1,000
 Guitar
 $150 (cost of guitar)
 $1,200/yr (lessons)
 Netflix Subscription
 $4.00/month/person
 Time Magazine Sub.
 $15/yr/person
Evelyn Steven

16. Extracurricular Activities (cont.)
 Video Games - $250
 Surround Sound
Audio
 $300/person
 Vacationing
 $4000
TOTAL: $8463.00
 Video Games - $250
 Surround Sound
Audio
 $300/person
 Vacationing
 $2500
TOTAL: $5463.00
Evelyn Steven
We will also attend the following annual events: the Nashville Film Festival, the
Tomato Art Fest, the CMA Music Festival, the Tennessee State Fair.
*CMA Music Festival has a $35 Admission Fee

17. FINAL Income Remaining…
 Initial: $12,510.38
 - $8,463 (Activities)
 - $35 (Music Fest)
 Remain:$4,012.38
 Initial: $5,909.86
 - $5,463 (Activities)
 - $35 (Music Fest)
 Remain:$411.86
Evelyn Steven

18. Work Cited
 Advertisement. ForRent.com. N.p., n.d. Web. 8 June 2011.
<http://www.forrent.com/apartment-community-
profile/999911661.php>.
 Amazon.com. N.p., n.d. Web. 8 June 2011.
<http://www.amazon.com>.
 American Express. American Express Company, n.d. Web. 8 June
2011. <https://home.americanexpress.com/home/axpi/>.
 “AT&T.” AT&T. AT&T Intellectual Property, n.d. Web. 8 June 2011.
<http://www.att.com/#fbid=6tfQ9-NTOSC>.
 “Canyon Ridge Apartments.” Canyon Ridge. N.p., n.d. Web. 8 June
2011.
<http://property.onesite.realpage.com/templates/template_concept04_
hex_mr/default.asp?w=mrcanyonridge>.
 “Energy Consumption in Tennessee Homes.” Energy Efficiency and
Renewable Energy. US Department of Energy, n.d. Web. 8 June 2011.
<http://apps1.eere.energy.gov/states/residential.cfm/state=TN>.
 “Fuel Economy.” Energy Efficiency and Renewable Energy. U.S.
Department of Energy, n.d. Web. 8 June 2011.

19. Works Cited (cont.)
 “Home.” Bank of America. Bank of American Corporation, n.d. Web. 8
June 2011. <https://www.bankofamerica.com/>.
 “Nashville, Tennessee.” Wikipedia. N.p., n.d. Web. 8 June 2011.
<http://en.wikipedia.org/wiki/Nashville>.
 “Official Site of the County Music Association.” CMA World. CMA, n.d.
Web. 8 June 2011. <http://www.cmaworld.com/cma-music-
festival/index>.
 Smart. Smart USA Distributor LLC, n.d. Web. 8 June 2011.
<http://www.smartusa.com>.
 “Tennessee Gas Prices.” GasBuddy.com. N.p., 2011. Web. 8 June 2011.
<http://www.tennesseegasprices.com/>.
 United States. Dept. of Agriculture. “U.S. Average, April 2011.” Official
USDA Food Plans: Cost of Food at Home at Four Levels. N.p., n.d.
Web. 8 June 2011.
<http://www.cnpp.usda.gov/Publications/FoodPlans/2011/CostofFoodAp
r2011.pdf>.
 “Utilities.” Nashville Area Chamber of Commerce. N.p., n.d. Web. 8
June 2011.
<http://www.nashvillechamber.com/Homepage/BusinessNashville/Rese