Question

1. leroy has a net monthly income of $3000.00. a breakdown of his monthly expenses is shown in the following circle graph. monthly expenses how much does leroy spend on each category each month?

Explanation:

Step1: Calculate Savings

Savings percentage is \(38\%\).

$$3000\times0.38 = 1140$$

Step2: Calculate Entertainment

Entertainment percentage is \(4\%\).

$$3000\times0.04=120$$

Step3: Calculate Charitable donations

Charitable donations percentage is \(6\%\).

$$3000\times0.06 = 180$$

Step4: Calculate Miscellaneous

Miscellaneous percentage is \(13\%\).

$$3000\times0.13=390$$

Step5: Calculate Car

Car percentage is \(16\%\).

$$3000\times0.16 = 480$$

Step6: Calculate Food

Food percentage is \(20\%\).

$$3000\times0.20=600$$

Step7: Calculate Housing

Housing percentage is \(3\%\).

$$3000\times0.03 = 90$$

Answer:

Savings: \(\$1140\), Entertainment: \(\$120\), Charitable donations: \(\$180\), Miscellaneous: \(\$390\), Car: \(\$480\), Food: \(\$600\), Housing: \(\$90\)