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A family spends 20 percent of its monthly income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 per month what is its monthly income?
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∙ 14y ago
2400
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∙ 14y ago
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This is the Reed family budget. What percent of the expenses are spent on gifts and donations?
I am unable to se the budget, therefore I cannot tell the percent of the expenses that are spent on gifts and donations.
What are the different components of a family budget?
A family budget generally reflects the family's income as well as the family's fixed and variable expenses. The fixed expenses will include food, rent and transportation costs.
What is the minimum maintaining balance for bpi family savings account?
BPI Family has different types of Savings account (Maxi-saver, Jumpstart, Savings Account w/ life insurance & Express Teller) and each type has it's own requirements. If you are asking about Express Teller Savings, the required monthly ADB is Php1,000.00. To earn interest, the required daily balance is Php3,000.00. Hope this info helps.
Household will supply as long as the wage they receive is less than the value of their leisure time true or false?
Household will supply as long as the wage received is less than the value of leisure time is a false statement. Household income must be more than leisure and necessities expenses to be able to sustain the monthly needs of a family, as well as have some savings. Ê
What are the financial qualifications for a Pell Grant?
Financial qualifications for a Pell Grant depend on many factors such as family income, how many dependents you have, and what bills and expenses you have.
A family spends 20percent of its monthly income on food 23percent on rent and 42percent on other expenses and saves the balance. If the family saves 360.00dollars per month what is the monthly income?
The amount Êof income the family saves as aÊpercentage is given by (100-(20+23+42) which is 15 percent. Since 15 ÊpercentÊ represent 360.00 dollars, the monthly Êincome will be represented by 100 percent, which is Ê2400.00 dollars: ((360 xÊ100)/15).
A family spends 20 percent of there monthly income on food 23 percent on rent 42 percent on other exspenses and saves the balance if the family saves 360 per month what is it's monthly income?
The family is spending 20 + 23 + 42 = 85 % of their income each month.As such the 360 saved is 15 % of their monthly income.Therefore monthly total income = 360/15 x 100Monthly income = 2400
A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?
Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400
What are the average monthly expenses of a family of four?
Rent/ morgage electric water phone car payment gas garbage internet
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities?
Divide the utility expense by the monthly budget. Multiply the result by 100.
A family spends 20 of its monthly income on food 23 on rent and 42 on other expenses and saves the balance If the family saves 360 per month what is its monthly income?
20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400 20%(food) + 23%(rent) + 42%(other expenses) = 85% food, rent, and other expenses is 85% of the income so then the savings is 15% of the family income 100% - 85% = 15%(savings) 360(savings) is 15% of the family income 15/100 = 360/x if 360 is 15% of the family income the total of the family income is 2400
This is the Reed family budget. What percent of the expenses are spent on gifts and donations?
I am unable to se the budget, therefore I cannot tell the percent of the expenses that are spent on gifts and donations.
What is difference between family expenses and domestic expenses?
Family ExpensesThe monthly recurring expenses such asHouse RentUtility BillsSchool Feesand even medical expenses and vehicle maintenanceExpenses which cannot be avoidedDomestic ExpensesExpenses attributing to a domestic function or party such asa Farewell party, party hosted for a newly wedded couple.
A family spends 9 percent of it income on entertainment how much do they spend if their monthly income is 5000?
450 dollars would be spent a month on entertainment if the family spends nine percent of their $5000 income monthly on that. You figure this by multiplying .09 by 5000 giving 450, which is the amount spent monthly on entertainment.
What is the average monthly expenses per American family?
I am a mother of 2. there are 4 in my family and my average monthly expenses is usaully around 5293.09. I have also looked to see what i would have left if i was a single mother and every month since all together i get 5852.70 i would have 559.71 left. I have a 6 year old and a 4 month old.
When can a presumption of abuse cause a bankruptcy petition to be dismissed?
monthly income exceeds the state's medium income for a family of equivalent size or if the debtor's monthly income less allowable expenses exceeds an amount allowed under the act for a family of equivalent size, then there is a presumption of abuse
What are the utilities in a family budget?
A family budget is made up of items that fall into these categories: Fixed expenses, variable expenses, periodic expenses and incidentals. Fixed expenses. These are predictable, recurring items that do not change in size, nor schedule. Examples are: monthly rent, cable bill, gym membership... Variable expenses: These are regular expenses that might fluctuate in the amount of the bill. These might include utilities like the electric bill, the gas bill, the water bill or expenses like gas for your car. Periodic expenses: Expenses like the yearly registration of your car(s) fall under this category. They occur regularly but not so frequently that they are always remembered in a monthly budget. Lastly, incidental expenses: This covers things like replacing a blown-out tire, printer ink, a birthday gift for a friend, an ipod... purchases that are more of a singular event than a recurring expense.
