the last two are splurges - i enjoy a $46 cake decorating class and $36 for movies with friends. susie now…

the last two are splurges - i enjoy a $46 cake decorating class and $36 for movies with friends. susie now lets calculate the budget allocations for you, ive gone ahead and written down your net income and expenses on the handy sheet to the right. what is your budget allocation for housing? (enter as a whole number percentage.) income monthly in/outflow account/item balance gross monthly salary $2,187 checking account $1,312 net monthly salary $1,531 emergency fund savings $3,174 expenses account rent $269 car $3,762 utilities $89 credit card balance $387 food $152 student loan $5,374 gas/maintenance $103 credit card $53 savings regular savings $161 rainy day savings $41 entertainment cake decorating class $46 movies with friends $36

the last two are splurges - i enjoy a $46 cake decorating class and $36 for movies with friends. susie now lets calculate the budget allocations for you, ive gone ahead and written down your net income and expenses on the handy sheet to the right. what is your budget allocation for housing? (enter as a whole number percentage.) income monthly in/outflow account/item balance gross monthly salary $2,187 checking account $1,312 net monthly salary $1,531 emergency fund savings $3,174 expenses account rent $269 car $3,762 utilities $89 credit card balance $387 food $152 student loan $5,374 gas/maintenance $103 credit card $53 savings regular savings $161 rainy day savings $41 entertainment cake decorating class $46 movies with friends $36

Answer

Explanation:

Step1: Identify housing expense and net income

Housing expense (rent) = $269, Net monthly salary = $1,531

Step2: Calculate percentage

Percentage = $\frac{269}{1531}\times100\approx 17.6$ Round to whole - number: 18

Answer:

18