Question

Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?

Answer 1

Answer:

14.83%

Explanation:

Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly.What percent of her net monthly income does she budget for annual expenses?

$1820 semimonthly = 1820 x 2 monthly = $3,640

Annual expenses budget  = $54

Percentage of her net monthly income budgeted for annual expenses = (54 / 3, 640) x 100 = 14.83%