Mr. Thompson, a retiree, looks at his check register. What is Mr. Thompson's yearly rent (using 12 months)? $ What was the average grocery expense in this time period? $

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

Then, Mr. Thompson realizes there are more than 48 weeks in a year. He revises his estimate using (52 x $
) to get $
for his estimate.

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

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

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