Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly. What percent of her net monthly income does she budget for annual expenses?

Question

Seth Odonnell

Business

3 March, 01:10

Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly. What percent of her net monthly income does she budget for annual expenses?

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Answers (1)

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Nayeli Castaneda · Answer 1

14.83%

Explanation:

Laura budgets $54 each month for annual expenses. She nets $1820 semimonthly. What percent of her net monthly income does she budget for annual expenses?

$1820 semimonthly = 1820 x 2 monthly = $3,640

Annual expenses budget = $54

Percentage of her net monthly income budgeted for annual expenses = (54 / 3, 640) x 100 = 14.83%