lmmh02
Answered

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Fred and Winnie O'Callahan have put themselveson a very strict budget. Their goal at the end of the year is to buy a car for $14,200 in
cash. Their budget includes the following per dollar:
0.50 Food and lodging
0.30 entertainment
0.15 educational
Fred earns $2,170 per month and Winnie earns $2,570 per month. After 1 year will Fred and Winnie have enough cash to buy the car?

Yes or no

Sagot :

Answer:

No

Step-by-step explanation:

I'm not 100% sure that this was the question but I hope so

2170+2570=$4740 per month

4740*12=$56880 per year

Food: 56880*0.5=$28440

Entertainment: 56880*0.3=$17064

Educational: 56880*0.15=$8532

28440+17064+8532=$54036

56880-54036=$2844

Or a quicker method: 1-0.5-0.3-0.15=0.05

0.05*56880=$2844