Alyssa has set up a personal budget with total monthly expenditures of $ 3250. If 20 percent sign of her income is taken out of

Question

2 years ago

11

her paycheck for taxes and other deductions, what is the minimum amount she must earn per month in order to cover her budget?.

1 answer:

sveta [45] · Answer 1 · 2023-04-26T15:28:29+03:00

The minimum amount that Alyssa must <em>earn per month</em> to cover her budget is $4,062.50.

Data and Calculations:

Monthly expenditures = $3,250

Taxes and other deductions = 20% of monthly income

Monthly expenditures in percentage = 80% (1 - 20%)

Minimum income per month = $4,062.50 ($3,250/80%)

Thus, the minimum amount that Alyssa must <em>earn per month</em> to cover her budget is $4,062.50.