Jacob is ready to move into his own apartment. He has a great job earning $1680 per month. What is the best way Jacob’s budget can be modified to help him make the $600 monthly rental payment? Monthly BudgetOld BudgetNew BudgetIncome Wages$1680$1680Expenses Rent Food Clothes Savings Recreation Car Expenses$0$200$75$700$400$300$____$____$____$____$____Net Income$5$____

Jacob currently spends $1,675 of his $1,680 income, leaving only $5. Adding $600 rent means he needs to reduce other expenses by about $595. Recreation ($400) and savings ($700) are large categories he can adjust, so cutting recreation and saving less can cover the rent; food and clothes together are only $275, so choice A would not be enough.

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