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What is the dollar amount of the Gentry's annual food and housing budgets combined?

What is the dollar amount of the Gentry's annual food and housing budgets combined-example-1

2 Answers

5 votes

Answer:

11,004.70 on OW

Explanation:

User Saamer
by
6.5k points
5 votes

Answer:

The combined amount is $14871.21.

Explanation:

It is given that, the total yearly income of gentry family is $29742.42

The % charge on income for food is 20%.

The % charge on income for housing is 30%.

The amount in dollar from % form is given by,

=
((percent form)/(100))(annual income)

For annual food,

=
((20)/(100))(29742.42)

= $5948.484

For housing budgets,

=
((30)/(100))(29742.42)

= $8922.726

Thus the combined amount is,

=
8922.726 + 5948.484 = 14871.21

= $14871.21

User Halivingston
by
6.7k points