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Mr. Thom makes [tex]$\$[/tex]25,900[tex]$ per year as a document processor. He has made the following chart to divide his weekly paycheck into his accounts:

\begin{tabular}{|l|l|l|}
\hline
Expense type & Account & Weekly deposits \\
\hline
Essential (Fixed) & $[/tex]1^{\text{st}}[tex]$ Checking account & $[/tex]\[tex]$219$[/tex] \\
\hline
Essential (Variable) & [tex]$1^{\text{st}}$[/tex] Checking account & [tex]$\$[/tex]115[tex]$ \\
\hline
Non-essential & $[/tex]2^{\text{nd}}[tex]$ Checking account & $[/tex]\[tex]$40$[/tex] \\
\hline
Other (Unexpected) & Emergency savings account & [tex]$\$[/tex]20[tex]$ \\
\hline
Other (Predictable) & Education investment fund & $[/tex]\[tex]$10$[/tex] \\
\hline
Other (Predictable) & Retirement investment fund & [tex]$\$[/tex]40[tex]$ \\
\hline
Other (Predictable) & Emergency savings account & $[/tex]\[tex]$15$[/tex] \\
\hline
Total paycheck & & [tex]$\$[/tex]498[tex]$ \\
\hline
\end{tabular}

Unfortunately, he has made a mistake in adding the numbers and has not allocated all of the paycheck. If he deposits the difference into the two emergency savings accounts, how much total per week can he then put towards emergency savings?

A. $[/tex]\[tex]$40$[/tex]

B. [tex]$\$[/tex]60$

Sagot :

GinnyAnswer
To determine how much Mr. Thom can allocate to his emergency savings accounts each week, we need to follow these steps:

1. Calculate the total amount allocated to various accounts:

- Essential (Fixed): \[tex]$219 - Essential (Variable): \$[/tex]115
- Non-essential: \[tex]$40 - Other (Unexpected): \$[/tex]20
- Other (Predictable - Education fund): \[tex]$10 - Other (Predictable - Retirement fund): \$[/tex]40
- Other (Predictable - Emergency savings): \[tex]$15 Adding up these amounts, we get: \[ 219 + 115 + 40 + 20 + 10 + 40 + 15 = 459 \] So, Mr. Thom has allocated \$[/tex]459 from his \[tex]$498 paycheck. 2. Determine the remaining amount from the paycheck: Subtract the total allocated amount from the total paycheck: \[ 498 - 459 = 39 \] Thus, there are \$[/tex]39 remaining unallocated funds from the paycheck.

3. Add the remaining unallocated funds to the existing emergency savings deposits:

The existing deposits to the emergency savings accounts include:
- Other (Unexpected): \[tex]$20 - Other (Predictable - Emergency savings): \$[/tex]15

Adding the remaining amount (\[tex]$39) to these emergency savings deposits: \[ 20 + 15 + 39 = 74 \] So, Mr. Thom can put a total of \$[/tex]74 per week towards his emergency savings accounts.
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