Question

What percentage of the budget is Savings of any kind?

Category Amount spent per month
Housing $1,302
Taxes $1,550
Food $558
Clothing $124
Entertainment $124
Transportation $372
College Savings $558
Retirement Savings $558
Gasoline $248
Emergency Savings $310
Utilities $496
Question 4 options:


25%


31%


18%


23%

IM MAKING A 68.5 AND I NEED HELP

Answer 1

23%

Explanation:

Add all of the savings, 558 and 558 and 310 together. That equals 1,426

Add all of the numbers, including the savings. The total is 6,200.

Divide 1,426 by 6,200.

6200÷1426=4.347

Divide 100 by this. 100÷4 347 is approximately 23

Answer 2

23%

Explanation:

Total: 1,302 +1,550+558 +124 +124+372+558 +558 +248 +310 +496=6200

Savings total: 310 +558 +558=1426

so...

1426/6200= 0.23

23%