Question

name
money budgeting
use the information below to calculate your budget.
monthly paycheck $400.00
bills amount
water $30
electricity $50
netflix $15
rent $100
groceries $100

1. how much money do you pay in all in bills?
2. how much money do you have left over after paying all the bills?

1. what would you use your extra money to pay for?

going out to eat buying something new

1. how much money goes towards water and electricity?

Explanation:

Step1: Calculate total bills

Add up all bill amounts: $30 + 50+15 + 100+100$.
$$30+50 = 80$$
$$80+15=95$$
$$95 + 100=195$$
$$195+100 = 295$$

Step2: Calculate leftover money

Subtract total bills from paycheck: $400 - 295$.
$$400-295=105$$

Step3: Calculate water and electricity cost

Add water and electricity amounts: $30 + 50$.
$$30+50=80$$

Answer:

1. $\$295$
2. $\$105$
3. $\$80$