The available fund for April is $324.83 if the Isaac has a balance of $28.17 in his utilities budget at the end of March.
It is defined as the money spends on the utility, the amount of money is required to buy something in other words it is the outflow of money from the solely earners income or the money incurred by any organization.
We have:
Current balance = $28.17
16% of his $1,854.14
= (1854.14×16)/100
= $296.66
The available fund for April = 296.66 + 28.17 = $324.83
Thus, the available fund for April is $324.83 if the Isaac has a balance of $28.17 in his utilities budget at the end of March.
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