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Answer:
Option c. $2,250
Step-by-step explanation:
we know that
The minimum household income needed for the given budget, must be equal at least to the sum of all categories values of the monthly budget
so
Find the sum of all categories values
therefore
The minimum household income needed for this budget is $2,250
Answer:
The investment after 5 years is $ 662.45.
Step-by-step explanation:
Principal, P = $ 600
Time, t = 5 years
Rate of interest, R = 2 %
Time , t = 5 years
The amount after the time 5 years is
So, the investment after 5 years is $ 662.45.