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if your income is $3,060 a month and you plan to budget 3/20 of your income for rent and 1/2 of your income for food how much do you plan to spend each month on these two items? simplify your answer

Respuesta :

In order to calculate the amount spend in each item, let's calculate the corresponding fraction of the total value.

For rent, we have:

[tex]\frac{3}{20}\cdot3060=\frac{3}{2}\cdot306=3\cdot153=459[/tex]

And for food, we have:

[tex]\frac{1}{2}\cdot3060=1530[/tex]

So adding these costs, we have:

[tex]459+1530=1989[/tex]

So we plan to spend $1989 on these two items.

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