Financial planners suggest a monthly budget similar to that shown in the pie chart below.1 Use the pie chart shown to answer the questions. Hint Housing 28% Daily Spending 20% Answer: Debt 8% Answer: Insurance 9% Taxes 15% Part A: What is the total of the percentages shown in the chart? O $28 O $2,800 Other Savings 10% Retirement 10% % Part B: What is the total percentages spent in Retirement and Other Savings? % Part C: How much money should some following this budget spend on housing? Answer:

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 22E
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Financial planners suggest a monthly budget similar to that shown in the pie chart below.1
Use the pie chart shown to answer the questions.
Hint
Housing
28%
Daily Spending
20%
Answer:
Debt
8%
Insurance
9%
Taxes
15%
O $28
O $2,800
Other Savings
10%
Part A: What is the total of the percentages shown in the chart?
Retirement
10%
%
Part B: What is the total percentages spent in Retirement and Other Savings?
Answer:
%
Part C: How much money should some following this budget spend on housing?
Answer:
Transcribed Image Text:Financial planners suggest a monthly budget similar to that shown in the pie chart below.1 Use the pie chart shown to answer the questions. Hint Housing 28% Daily Spending 20% Answer: Debt 8% Insurance 9% Taxes 15% O $28 O $2,800 Other Savings 10% Part A: What is the total of the percentages shown in the chart? Retirement 10% % Part B: What is the total percentages spent in Retirement and Other Savings? Answer: % Part C: How much money should some following this budget spend on housing? Answer:
Part A: What is the total of the percentages shown in the chart?
Answer:
%
Part B: What is the total percentages spent in Retirement and Other Savings?
Answer:
Part C: How much money should some following this budget spend on housing?
Answer:
O $28
O $2,800
O Not enough information is given
Part D: If a person following this budget makes $2000 per month, approximately how much should
be set aside for daily spending?
Answer: $
Part E: A person who makes $2,000 per month decides to rent a room in an apartment for $500. Is
that a wise financial decision? Why or why not?
My Dollar Plan.(n.d). What should your financial ple chart look like?Retrieved April 4, 2014, from
http://www.census.gov/prod/cen 2010/briefs/c2010br-03.paf.
Transcribed Image Text:Part A: What is the total of the percentages shown in the chart? Answer: % Part B: What is the total percentages spent in Retirement and Other Savings? Answer: Part C: How much money should some following this budget spend on housing? Answer: O $28 O $2,800 O Not enough information is given Part D: If a person following this budget makes $2000 per month, approximately how much should be set aside for daily spending? Answer: $ Part E: A person who makes $2,000 per month decides to rent a room in an apartment for $500. Is that a wise financial decision? Why or why not? My Dollar Plan.(n.d). What should your financial ple chart look like?Retrieved April 4, 2014, from http://www.census.gov/prod/cen 2010/briefs/c2010br-03.paf.
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