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A monthly budget is shown. Which equation can be used to determine y, the minimum amount of money a family must earn to meet the requirements of this budget for one year?

User Eric Tan
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1 Answer

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Answer:

$3600 * 12

Explanation:

To get the minimum amount of money the family must earn to meet the requirements of their budgets for one year, first you have to get their total budget for a month and then multiply it by the number of months in a year.

The monthly budget = Rent + food + child care + transportation + utilities + insurance + savings + taxes

Monthly budget = $870 + $550 + $375 + $480 + $400 + $235 + $400 + $290 = $3600

Minimum requirements for one year = $3600 * 12 months

A monthly budget is shown. Which equation can be used to determine y, the minimum-example-1
User John Lee
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