Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the 10-70-20 income distribution guideline, what does 70 mean? Group of answer choices The 70 stands for allocating 70% of your income to household

In the 10-70-20 income distribution guideline, what does 70 mean? Group of answer choices The "70" stands for allocating 70% of your income to household expenses. The "70" stands for allocating 70% of your monthly personal income to charitable organizations. The "70" stands for the maximum percentage of debt recommend. The "70" stands for saving 70% of your monthly personal income

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

3rd Edition

978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856

Students also viewed these Accounting questions