Question

Brendan and Tasia are making a budget. Brendan takes home $2,300 on the 5th and 20th of each month, and Tasia receives $4,800 once a month. They make a list of their dedicated expenditures.

Description Amount
mortgage $3,200
utilities $445
Brendan's car payment $225
Tasia's car payment $385
minimum credit payments $214
cell phone plan $156
gym membership $96

How much money is left for the rest of their monthly budget? Show your work or explain how you got your answer.

Answer 1

Hence, $4679 is left for the rest of their monthly budget.

Explanation:

It is given that:

Brendan takes home $2,300 on the 5th and 20th of each month.

i.e. the total amount he brings home=$2300+$2300=$4600.

Tasia receives $4,800 once a month

Hence total amount they earn=$4600+$4800=$9400.

Description Amount

mortgage $3,200

utilities $445

Brendan's car payment $225

Tasia's car payment $385

minimum credit payments $214

cell phone plan $156

gym membership $96

i.e. the amount spent= $3200+$445+$225+$385+$214+$156+$96

=$4721

Hence, the amount left for the rest of their monthly budget=$9400-$4721

=$4679

Answer 2

$4679

Explanation:

The sum of take-home pay is ...

... $2300 +2300 +4800 = $9400 . . . . per month

The sum of dedicated expenses is ...

... $3200 +445 +225 +385 +214 +156 +96 = $4721

So, the amount remaining for the rest of their monthly budget is ...

... $9400 -4721 = $4679