Alyssa has set up a personal budget with total monthly expenditures of $3250. If 20% of her income is taken out of her paycheck for taxes and other deductions, what is the minimum amount she must earn per month in order to cover her budget?

Respuesta :

The minimum amount she must earn per month in order to cover her budget is $2600

Given the total monthly expenditures to be $3250

If 20% of her income is taken out of her paycheck for taxes and other deductions, the amount deducted will be expressed as:

[tex]20 \% \ of \ \$3250[/tex]

[tex]0.2 \times 3250 \\\$650[/tex]

This shows that her paycheck for taxes and other deductions is $650

Balance = $3250 - $650

Balance = $2600

Hence the minimum amount she must earn per month in order to cover her budget is $2600

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