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15 Jim and Alice Lange, employees at Walmart, have put themselves on a strict budget. Their goal at year's end is to buy a boat

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15 Jim and Alice Lange, employees at Walmart, have put themselves on a strict budget. Their goal at year's end is to buy a boat for $16,000 in cash. Their budget includes the following: 45% food and lodging 20% entertainment 10% educational Jim earns $1,700 per month and Alice earns $3,100 per month. After 1 year, will Alice and Jim have enough cash to buy the boat? (Assume that any amounts left over will be saved for purchase of boat.) 8 00:49:03 Skipped they will have saved 9

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