1. Mr. Thompson, a retiree, looks at his checks register. What is Mr. Thompson’s yearly rent (using 12 mounts) ? $

2. What was the average grocery expense in this time period? $

3. Knowing that he buys groceries weekly, Mr. Thompson estimates his yearly expense for groceries to be (4*12*$_ ) or $ _

4. Then, Mr. Thompson realizes there’s age more than 48 weeks in a year. He revised his estimate using (52*$_) to get $_ for his estimate.

5. Based on the calculations above, how much money should Mr. Thompson budget annually for food and rent ? $ _

6. If Mr. Thompson receives $1,006.28 twelve (12) times a year, what is his yearly income $_

7. Expressed as a percent of income, enter an estimate for rent ( to the nearest tenth) and food expenses. Rent:_ %
Food:_%