Mathematics, 14.12.2021 06:10 katheline1226

Sammy makes $2362/month as a baseball coach. He is making a budget, and has made the following chart in order to divide his monthly paycheck into his accounts: Expense type
Frequency
Account
Monthly amount
Items
Essential (fixed)
Monthly
Checking
$1292
Rent, car, insurance
Essential (variable)
Monthly
Checking
$420
Basic groceries, telephone, electricity, cable TV, batting practice.
Non-essential
Monthly
Cash
$260
Snack items, restaurants, gifts, movies.
Other (predictable)
Annual
Emergency savings
$130
Health exams, clothing, food, baseball coach magazine.
Other (unpredictable)
Annual
Emergency savings
$210
Non-insured healthcare, repairs, and income replacement.
Other (long-term)
5 years
Vacation savings
$50
Vacation.
Total

$2362

Sammy has included a total row to help make sure that his paycheck can be divided to make deposits into these 4 accounts. If there were any extra, then he would increase one or all of the deposits. If there were not enough, he would decrease one or all of the deposits. Explain how Sammy calculated his total amount deposited.

Answers: 1

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Sammy makes $2362/month as a baseball coach. He is making a budget, and has made the following chart...