Question: If your total monthly budget increases by $200 and you decide to put it all into savings, what percentage is savings now? Monthly Budget =

If your total monthly budget increases by $200 and you decide to put it all into savings, what percentage is savings now?

Monthly Budget = $4,000 UTILITIES 10% FOOD 25% CAR 12% SAVINGS MORTGAGE 40%

Monthly Budget = $4,000 UTILITIES 10% FOOD 25% CAR 12% SAVINGS MORTGAGE 40%

Step by Step Solution

★★★★★

3.23 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

520 200 ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Intro To College Math Basic Arithmetic Geometry Questions!

Q:

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q:

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Question 1(Multiple Choice Worth 4 points) (Budgeting LC) An entry-level civil engineer earns an average bi-weekly net pay of $2,104.95. The engineer has created a monthly budget using the following...

Q:

Question 1(Multiple Choice Worth 4 points) (Budgeting LC) An entry-level civil engineer earns an average bi-weekly net pay of $2,104.95. The engineer has created a monthly budget using the following...

Q:

100% HIP 401: Unit 3 Budgeting Assignment Unit 3 Budgeting Assignment Part A: Read through the following case study. Using the Budget Planning sheet. create a monthly budget for Heather. Heather has...

Q:

100% HIP 401: Unit 3 Budgeting Assignment Unit 3- Budgeting Assignment Part A: Read through the following case study. Using the Budget Planning sheet. create a monthly budget for Heather. Heather has...

Q:

Jones - Financial Statement Case Assignment Start Assignment Due Sunday by 11:59pm Points 20 Submitting a file upload File Types doc, pdf, docx, xls, and xlsx Available Jun 27 at 12am - Jul 3 at...

Q:

Financial Destiny: You have been introduced to Microsoft Excel and are ready to begin using it to help track your monthly expenses and take charge of your financial destiny. The first step is to...

Q:

Question Common Status ACC325 - Managerial Accounting Case Study Assignment Due Date 25 November 2021 Weighting 15% ELECTRONIC SUBMISSION "normal for candy Lite peste to received due date SASE...

Q:

The following excerpts, all of which related to the equity investment account, were taken from the 2012 annual report of AT&T (dollars in millions): REQUIRED: a. The statement of cash flows indicates...

Q:

Test the series for convergence or divergence. a. b. c. 12+3 n1 2 n21

Q:

A firm has the following sources of external financing. The corporate tax rate \ ( 3 5 \ % \ ) . What is its WACC?

Q:

Discuss whether the following are hard, soft, or firm real-time systems: (a) The Library of Congress print manuscript database system. (b) A police database that provides information on stolen...

Q:

What does the variable β 1 mean in the 2nd logistic regression (Table 13.63)? How does it differ from the meaning of β 1 in the 1st logistic regression (Table 13.62)? Two...

Q:

Estimate the OR for the association between age at menarche and ovarian cancer after controlling for race, and provide a 95% CI about this estimate? Two logistic models were run with Stata Version 11...

Q:

For both Caucasians and African Americans (seperately), estimate the OR between late age at menarche (¥12) and ovarian cancer risk and provide a 95% CI about these estimate? Cancer Results from a...

Q:

In simple terms, utopias are good and dystopias are bad. Do you think we are currently living in a utopia or dystopia? Why? (Remember to support your answer with citations and references)

Q:

Identify three considerations that you would need to include when developing practices to update staff about roles, responsibilities, and compliance. For your area of hospitality, suggest one way...

Q:

What assumption expected utility theory does not make about people and firms? Group of answer choices People and firms are self-interested entities People and firms try to maximize their desired...