Question

15. Rachel Teeter has a monthly budget of $3000. She plans

to spend 34% for rent and utilities, 23% for food, 5% for
entertainment, 25% to pay off debt, and the remainder
will go into a savings account.
(a) What percent of the total budget will go into a savings
account?

Answer 1

Answer: 17%

Explanation:

If you add up 34%, 23%, 5%, & 25% that would equal 83%, if you subtract the 83% from 100%, you would get 17%.The 17% is equivalent to 510. So Rachel Teeter will have $510 in her savings account.