Question

Tanisha lives with her older sister and helps with the rent by paying $500 per month. Her annual salary as a child care specialist is $14,700 after taxes. Shopping is her favorite pasttime and loves buying new things, but she also wants to save money for her college classes. Select the budget that would best help meet her goals. Table A Monthly Budget Budget A Budget B Budget C Budget D Income $1,470 $1,225 $1,470 $1,225 Expenses - Rent Food.

Answer 1

Tanisha lives with her older sister and helps with the rent by paying $500 per month. Her annual salary as a child care specialist is $14,700 after taxes. So  to save money for her college classes her monthly budget should be less than 725 .

What is budget ?

Budget is total plan of income and expenditure of a period .

Here given that Her annual salary as a child care specialist is $14,700 after taxes. and she lives with her older sister and helps with the rent by paying $500 per month.

So money she have after rent can be calculated as:

$14700-12\times500\\\\14700-6000\\\\=8700$

So her monthly saving after rent is

$\frac{8700}{12} \\\\\\=725$

So her  monthly budget should be less than 725

Tanisha lives with her older sister and helps with the rent by paying $500 per month. Her annual salary as a child care specialist is $14,700 after taxes. So  to save money for her college classes her monthly budget should be less than 725 .

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