10 points! I'm doing a spreadsheet for monthly budget, what is the difference between...........?

Question

projected and actual cost.

like for phone,

projected cost and actual cost for my phone bill? what does that mean? here is the spreadsheet: http://www.vertex42.com/ExcelTemplates/Images/monthly-household-budget_large.gif

Answer 1

projected cost is an estimate of about how much that phone bill will cost by a certain period of time.

Actual cost is the cost it actually really is.

Answer 2

Projected it what you plan for it to cost.. Such as if you have a cell-phone... Your projected bill is the money you pay if you do not go over your minutes.

And the actual cost is what you have to pay when you "did" go over your minutes..

hope that helps