67.7k views
5 votes
Jim earns $1,600 per month after taxes. He is working on his budget and has the first three categories finished. Housing $576 Food $272 Transportation $320 Why will he have a problem with the rest of his budget?

2 Answers

2 votes

B.

He has used the highest recommended percentages to calculate the amounts for the three categories.

User Ihsanullah Khan
by
7.7k points
6 votes
Because he would only have $432 left to spend on the rest
User Eyal Roth
by
7.8k points