Car Budget

*Monthly Net Pay = $1,786.58

*Monthly Transportation Budget = 12%

*Monthly Car Budget = $214.39
(monthly net pay * transportation %)
$1,786.58 * 0.12 = $214.39

*Yearly Car Budget = $2,572.68
(monthly car budget * 12)
$214.39 * 12 = $2,572.68

*Total Car Budget = $12,863.40
(yearly car budget * 5 years)
$2,572.68 * 5 = $12,863.40