To determine which budget would help Robert most quickly achieve his financial goal of saving \[tex]$5000 to start his own landscaping company, let’s compare the savings component of each budget. The budget with the highest savings will be the one that allows him to save the most money each month, thus achieving his goal faster.
Here are the budgets listed by their monthly savings amounts:
1. Budget A: \$[/tex]400 per month
2. Budget B: \[tex]$600 per month
3. Budget C: \$[/tex]500 per month
4. Budget D: \[tex]$2 per month
By comparing these savings amounts, we observe that:
- Budget A allows Robert to save \$[/tex]400 per month.
- Budget B allows Robert to save \[tex]$600 per month.
- Budget C allows Robert to save \$[/tex]500 per month.
- Budget D allows Robert to save \[tex]$2 per month.
Among these options, Budget B has the highest monthly savings at \$[/tex]600.
Since Budget B allows Robert to save the most money each month, it is the budget that will help him most quickly achieve his financial goal of saving \$5000 to buy his own equipment. Therefore, the optimal budget for Robert is Budget B.
