9
QuizMultiple Choice

Personal Budget

Question 9 • FL-2102371-Personal Finance and Money Management

Predict how much money can be saved without having a negative actual net income.Monthly BudgetBudgeted AmountActual AmountIncome Wages$1025$675Expenses Rent Utilities Food Cell Phone Savings $300$100$175$75$300$300$100$200$75$____Net Income$75$____a.It is not possible to save any money this month without having a negative actual net income.b.$350 can be saved resulting in an actual net income of $0.c.$200 can be saved resulting in an actual net income of $75.d.Because there is a $75 budgeted net income, that $75 can be put towards savings.

Answer
A
A
B
B
C
C
D
D
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