Question

Question 13 please I really need help and if you can show your work thank you

Answer 1

Answer:

20.34 % of annual net income is spend on food.

Step-by-step explanation:

Amount spend on food = $7104

Annual net income = $ 34,910

We need to find what percent of their annual net income is the amount spend on food.

The Formula used will be:

$Percentage=\frac{Amount\:spend\:on\:food}{Annual\:net\:income}\times 100$

Putting values of amount spend on food and Annual net income and finding percentage

$Percentage=\frac{7104}{34910}\times 100\\Percentage=0.2034 \times 100\\Percentage=20.34\%$

So, 20.34 % of annual net income is spend on food.