Maureen has a net spendable income of $2,100 per month. She sets up the following transportation budget for herself. Transportation (15% - 20%) 350

a. Car payments 150

b. Gas/Oil 120

c. Insurance 60

d. License/Registration 2

e. Taxes 5

f. Maintenance/Repair 50

what has she done wrong?

A: She budgeted more than the maximum recommended amount of money for transportation.

b: She has more money in the main category than she budgeted for in the subcategories.

c: She has more money in the subcategories than she budgeted for in the main category.

d: She budgeted less than the minimum recommended amount of money for transportation.

Question

Mathematics

Agustin Lowe

15 February, 04:49

Maureen has a net spendable income of $2,100 per month. She sets up the following transportation budget for herself. Transportation (15% - 20%) 350

a. Car payments 150

b. Gas/Oil 120

c. Insurance 60

d. License/Registration 2

e. Taxes 5

f. Maintenance/Repair 50

what has she done wrong?

A: She budgeted more than the maximum recommended amount of money for transportation.

b: She has more money in the main category than she budgeted for in the subcategories.

c: She has more money in the subcategories than she budgeted for in the main category.

d: She budgeted less than the minimum recommended amount of money for transportation.

+2

Answers (1)

Know the Answer?

Yasmin Khan · Answer 1

D - she would need $387 dollars to cover her transportation budget. She will need to increase her transportation budget to cover the minimum recommended amount.