The percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
According to the question,
We have the following information:
Greg evaluated his spending and found that he was spending about $50 more per month on utilities than he has budgeted. He can transfer money from other categories to increase his utilities budget to $125 per month. If his total monthly income is $2,400.
Now, let's take the percent to be x.
We have the following expression:
2400*x/100 = 125
24x = 125
x = 125/24
x = 5.21%
Hence, the percent of his monthly income that will be budgeted for the utilities will be approximately 5.21%.
To know more about percent here
brainly.com/question/28063156
#SPJ4
Answer:
Number of rats : Food weight = 1 : 5
Step-by-step explanation:
Number of rats in the group = 9
Weight of food carried away by them = 45 kg
Ratio of the number of rats and food weight = 
= 
= 
= 
Therefore, Number of rats : Food weight = 1 : 5
Answer: it is basically saying this is an expectation can you reach it.
Step-by-step explanation:
Answer:
The 6% simple interest account earns more interest in 2 years.
Step-by-step explanation:
You can compare the multipliers in the interest formulas.
For simple interest, the amount in the account (A) starting with principal P and earning at rate r for t years will be ...
A = P(1 +rt)
For the values given, r=.06 and t=2, the multiplier is ...
1 +rt = 1 +.06·2 = 1.12
__
For interest compounded annually, the amount will be ...
A = P(1 +r)^t
For the given values, the multiplier is ...
(1+r)^t = (1.04)^2 = 1.0816
__
Since 1.12 > 1.0816, the account earning simple interest will earn more interest.
