Question

What would the budget be if he gets $44,000 annually. These are his expenses per month: $1,200 for rent. $600 for food. $350 for transportation. $150 for utilities. $300 for insurance. $400 for taxes.​ Im just confused on how to find out what the budget is so I can find the percent.

Answer 1

Explanation:

$1200+$600+$350+$150+$300+$400=$3000

=12*$3000=$36000

rent= 1200*100/3000=40%

food=600*100/3000=20%

trans=350*100/3000=11.7%

utilities=150*100/3000=5%

insurance=300*100/3000=10

taxes=400*100/3000=13.3%