2. The Manning family earns $4,000 a month as a household. Their expenses are shown below.
Based on their spendings, which statement is true?
The Manning Family's Expenses
Expense Amount of Money
Mortgage
$1500
Utilities
$400
$235
$350
$165
Credit Cards
Savings
Cell Phone
A. The Manning family spends 35% of their budget on Mortgage.
B. The Manning family spends 1% of their budget on Utilities.
C. The Manning family spends 58% of their budget on Credit Cards.
D. The Manning family spends 10% of their budget on Cell Phone and Credit Cards.