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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
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Because he would only have $432 left to spend on the rest
User Eyal Roth
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