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23 April, 11:00

Roz takes home $1600 each month. She budgets 30% of her paycheck for rent, 20% for food, and 10% for utilities. the remainder is divided evenly among entertainment, clothes, transportation, savings and chairty. How much money does Roz budget each month for each category?

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  1. 23 April, 13:30
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    Roz has a total $1600 each month. All you need to do is to multiply each percentage to the money she has.

    Rent = $1600 (.30) = $480

    Food = $1600 (.20) = $320

    Utilities = $1600 (.10) = $160

    entertainment, clothes, transportation, savings and charity = $1600 [1 - (.3 +.2 +.1) ] = $640
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