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Cecilia and Nathan Estimate Their Total Cost for a Vacation

Question 75

Short Answer

Cecilia and Nathan estimate their total cost for a vacation in Australia to be $14,775.
a) What percentage is this cost of their combined gross monthly income of $8775?
b) If 72% of their gross monthly income is already consumed by rent, taxes, car payments, and other regular living expenses, what percentage is the trip's cost of their remaining annual disposable income?

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