<span>In 9 years, you will have $47,701.41 paid.</span>
Answer: Approximately 15.2% of Jerry's net monthly income is spent on food.
Step-by-step explanation:
We are given that Jerry's Net Monthly Income is $2970.
Out of this, his expenses are on Housing, Utilities, Food, Transportation, Healthcare Expenses, Savings, and Other Expenses.
To find the percentage of income spent on food, we note that the food related expenditure is given to be $450.
So, to calculate the percentage, we use the formula
(\frac{450}{2970}).(100)
that is, we divide the expenditure on food by the net income and multiply this by 100 to get the percentage.
Calculating the above expression, it works out to be 15.15% or 15.2% when rounding off the decimal.
Answer:
fire and in some places natural disasters but it costs.
Step-by-step explanation:
fire
There isn't universal coverage on the other two. If you can't pay your mortgage, generally the banks get very upset and foreclose. Banks are not very understanding about late mortgage payments.
natural disaster is usually not covered. Flooding earthquakes are usually not part of insurance coverage. Hurricanes aren't either. You can get such coverage, but it likely is not cheap.
Property taxes will cause the city to put a lien on your dwelling and there is usually no insurance for that.
Fire and with a lot of extra money natural disaster are your only choices.
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