The person gets paid $587 every week, you have to determine the 50%, 30% and 20% of the budget for an entire month (4weeks)
So the first step is to calculate the monthly budget by multipliying what this person makes per week by 4:
[tex]587\cdot4=2348[/tex]Next is to calculate the percentages
To calculate the 50% of $2348 you have to multiply it by 50 and divide it by 100
[tex]\frac{2348\cdot50}{100}=1174[/tex]To calculate the 30% of $2348 you have to multiply it by 30 and divide it by 100
[tex]\frac{2348\cdot30}{100}=704.40[/tex]And finally calculate the 20% by multiplying it by 20 and divide by 100
[tex]\frac{2348\cdot20}{100}=469.6[/tex]So the monthly budget for a person that gets paid 587 weekly are:
50%= $1174
30%= $704.40
20%= $469.60
