Question

The circle graph shows the Rivera family's monthly budget. Their monthly income is $4,800. The tableshows the budget for the Wagner family. Their monthly income is $4,000.Rivera Family Monthly BudgetCar payment Utilities3% 6%Transportation (gascar maintenancebus passes)Housing9%(mortgageInsuranceMedicalpropertyinsurancetaxes)11%34%Clothing6%Food16%Recreation5%Savings10%Wagner Family's MonthlyBudgetDescription Expenses (-)Rent$1,040Medical insurance $520Medical expenses$200Transportation $560Food & household supplies $600Clothing$200Utilities$360Miscellaneous$160Retirement savings$160Emergency savings $200Which family pays a greater part of their income for transportation (including car payments)? Completethe explanation.The Wagner family payswhich is% of $4,000. The Rivera family pays acombined% of their $4,800 income. Therefore, the (select) v family pays a greater part oftheir income for transportation (including car payments).

Answer 1

The Rivera family spend ( 9% + 3% = 12% ) of their income ( $4800 ) on transport, we need to know how mucvh this is...

`12\text{ percent of 4800 = }(12)/(100)\text{ x 4800 = 12 x 48 = \$ 576 }`

Therefore it's clear the Rivera family spend $ 576 monthly and the Wagner spend $ 560 on transportation. Turning the wagner's money into percentage, we do...

`(560)/(4000)\text{ x 100 = 14 \%}`

The wagner spend 14%.

The wagner family pays $ 560 which is 14% of their $4000 income. The other family pays a total of 12%. Hence the Wagner family pays a larger part of their income on transportation.