Question

Andre earns $4,000 a month at his new job in order to track his spending and saving he created a monthly budget. Andre divided his income into five categories and created the following circle graph to represent the budget he created for himself use this circle graph to answer the following questions.

a) Andre is planning on renting a new apartment but he wants to stay within his Budget on rent and the utilities. Andre is looking for an apartment the apartment cost $1,450 per month plus $250 for utilities will this apartment fit with an Andres budget? explain your reasoning

b) how much more money does Andre budget for savings than for groceries and utilities? write answer as a dollar amount​

Answer 1

If Andre plans on staying within his budget, he should choose Apartment 1.

Explanation:

Apartment 1: $1100 rent + $250 utilities = $1350 Total Monthly

Apartment 2: $1350 rent + $100 utilities = $1450 Total Monthly

Andre can spend up to $1320 on rent & $320 on utilities, totaling at $1640. In this situation, Andre needs to save as much money as possible. Either on one of these apartments stay below the budget for monthly cost, but Apartment 2's rent goes $30 higher than his budget allows. In the end, this makes apartment 1 the best option for rent, utilities, and ultimate cost.

If Andre plans on staying within his budget, he should choose Apartment 1.