Question

Andrea has an income of $4,000 per month. She budgets $2,000 for rent and utilities. She budgets $400 for food. 5 he budgets $500. for Entertainment/misc. She saves $1,100. Match the percentage of her paycheck is used for each category. Rent and Utiities: Food: Entertainment/Misc: Savings:

Answer 1

Andrea budgets a certain amount for each category of expenses. To find the percentage of her paycheck used for each category, we divide the budgeted amount by her income and multiply by 100.

Step-by-step explanation:

Andrea's income is $4,000 per month. She budgets $2,000 for rent and utilities, $400 for food, $500 for entertainment/miscellaneous expenses, and saves $1,100. To find the percentage of her paycheck used for each category, we can divide each budgeted amount by her income and then multiply by 100.

The percentage of her paycheck used for rent and utilities is $2,000 / $4,000 * 100 = 50%.

The percentage used for food is $400 / $4,000 * 100 = 10%.

The percentage used for entertainment/miscellaneous expenses is $500 / $4,000 * 100 = 12.5%.

The percentage saved is $1,100 / $4,000 * 100 = 27.5%.