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Identify the missing values
We need to complete the table by calculating the missing values for each category.
A standard budget relates monthly and yearly values by a factor of 12:
Calculate missing monthly values
We calculate the monthly values for categories where only the yearly value is given:
- Hostel / Rent:
- Visa / Extension:
- Health Insurance:
- Transportation:
- Education Materials:
Calculate missing yearly values
We calculate the yearly values for categories where only the monthly value is given:
- Food & Groceries:
(Note: This is already filled in the table as 144000)
- Medical Tests:
(Note: This is already filled in the table as 3600)
- Phone & Internet:
The monthly cell contains \(590 + 350 = 940\).
(Note: This is already filled in the table as 11280)
- Personal Care:
(Note: This is already filled in the table as 12000)
- Emergency Savings:
(Note: This is already filled in the table as 36000)
- Entertainment:
(Note: This is already filled in the table as 12000)
- Savings:
(Note: This is already filled in the table as 24000)
Calculate the totals
We sum all the monthly values and all the yearly values to find the totals:
- Total Monthly:
- Total Yearly:
Let's verify:
The calculations are consistent.
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Based on the standard relationship where \(\text{Yearly} = \text{Monthly} \times 12\), here is the completed budget table:
| Category | Monthly (\(\mathbb{P}\)) | Yearly (\(\mathbb{P}\)) |
|---|---|---|
| Visa / Extension | 500.00 | 6000 |
| Health Insurance | 350.00 | 4200 |
| Food & Groceries | 12000 | 144000 |
| Medical Tests | 300 | 3600 |
| Transportation | 166.67 | 2000 |
| Phone & Internet | 940 (590+350) | 11280 |
| Education Materials | 1000.00 | 12000 |
| Personal Care | 1000 | 12000 |
| Emergency Savings | 3000 | 36000 |
| Entertainment | 1000 | 12000 |
| Savings | 2000 | 24000 |
| TOTAL | 23355.50 | 280266 |