Kasey has a yearly income of $45,000. He has a budget which lets him know what percentage of his income is spent on different categories.
Category Percentage
House Payment and Utilities 35%
Phone and Internet 5%
Car Payment and Insurance 20%
Life and Health Insurance 4%
Savings 15%
Food and Misc. 21%
Which statement is true based on the table? (Select all that apply)
-Kasey puts $6,500 into savings per year.
-Kasey spends $10,000 on all types of insurance.
-Kasey spends $1,600 a year on life and health insurance.
-Kasey spends $9,000 on his car payment and insurance per year.
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