Question

Clayton's take home pay is $4,728,00 each month. Find the amount of

money that is allowed for each category of his budget: Housing -32%,
Utilities - 18%, Transportation - 25%, Food -10%, & Personal - 15%*
Vonirane

Answer 1

see the procedure

Explanation:

we know that

To find out the amount of money that is allowed for each category of his budget, multiply the total home pay by the percentage in decimal form of each category

Housing 32%

`32\%=32/100=0.32` -----> percentage in decimal form

`\$4,728,00(0.32)=\$1512.96`

Utilities 18%

`18\%=18/100=0.18` -----> percentage in decimal form

`\$4,728,00(0.18)=\$851.04`

Transportation 25%

`25\%=25/100=0.25` -----> percentage in decimal form

`\$4,728,00(0.25)=\$1,182`

Food 10%

`10\%=10/100=0.10` -----> percentage in decimal form

`\$4,728,00(0.10)=\$472.80`

Personal 15%

`15\%=15/100=0.15` -----> percentage in decimal form

`\$4,728,00(0.15)=\$709.20`