Question

I make $2,000/month. Of that the government takes $200 in taxes. Then I pay $1,000 for rent, $400 for food, and $200 in utilities. The remaining $200/month I have left is considered:________.

Answer 1

Answer:

My savings

Explanation:

Savings for a month is the amount left after deducting all my expenditure from my monthly income

Savings = income - total expenditure

income = $2,000

total expenditure = $200 + $1,000 + $400 + $200 = $1,800

Savings = $2,000 - $1,800 = $200