Q5. The answer is $474.
Discretionary income = Net income - Total Expenses
Total Expenses = $2,376.00
Net income = $2,850.00
Discretionary income = $2,850.00 - $2,376.00 = $474
Q8. The answer is 83.47% (over 75% of the circle).
Total Expenses = Housing + Insurance + Food + Utilities + Miscellaneous + Transportation + Clothing + Medical + Savings
Total Expenses = $500.00 + $283.00 + $225.00 + $174.00 + $75.00 + $64.00 + $50.00 + $25.00 + $20.00 = $1416
Total of housing, utilities, food, and insurance is: $500.00 + $174.00 + $225.00 + $283.00 = $1182
Calculate the percent of $1182 in $1416:
$1182 : $1416 * 100 = 83.47%
Q10. The answer is 33.67% (less than half).
Total Expenses $2,376.00
Housing = $800.00
Calculate the percent of $800 in $2,376.00:
$800 : $2,376.00 * 100 = 33.67%
