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26 June, 06:04

Maddox wants to go back to college full-time. His current employer has agreed to reduce his hours from 40 hours to 25 hours while retaining his current rate of pay. Maddox has lived in his own apartment for 1 year and really likes his independence. Which of the following budgets below would fit his new situation?

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  1. 26 June, 09:38
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    The budget that would fit his new situation is Modified Budget A. This will suit him the best because he wants to go back to college and at the same time, doing a part time job with minimum number of hours at the same rate. His current employer has agreed to reduce his hours from 40 hours to 25 hours while retaining his current rate of pay. Maddox has lived in his own apartment for 1 year and really likes his independence. From his schedule, He can still have the time to study during the class and after his work. At the same time, his tuition fee expenses are at the exact amount to be paid due to his position in his part time job and also, due to the kindness of his employer.
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