note: please make sure to properly format your answers. all dollar figures in the answers need to include…

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.00). rachels health - related budget is as follows: the percentage budgeted for health insurance is four times the percentage for health club dues. the percentage budgeted for prescriptions is equal to one - fourth the percentage budgeted for health insurance. the percentage budgeted for doctor visits is twice the percentage budgeted for prescriptions. a. what is the percentage for health insurance? b. what are the percentages budgeted for all categories? health insurance: health club dues: prescriptions: doctors visits: c. if $900 is budgeted for health - related expenses, how much is budgeted for health insurance?

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.00). rachels health - related budget is as follows: the percentage budgeted for health insurance is four times the percentage for health club dues. the percentage budgeted for prescriptions is equal to one - fourth the percentage budgeted for health insurance. the percentage budgeted for doctor visits is twice the percentage budgeted for prescriptions. a. what is the percentage for health insurance? b. what are the percentages budgeted for all categories? health insurance: health club dues: prescriptions: doctors visits: c. if $900 is budgeted for health - related expenses, how much is budgeted for health insurance?

Answer

Explanation:

Step1: Let percentage for health - club dues be $x$.

Then percentage for health insurance is $4x$, for prescriptions is $x$, and for doctor visits is $2x$.

Step2: Since the sum of all percentages is 100.

$x + 4x+x + 2x=100$

Step3: Combine like - terms.

$8x = 100$

Step4: Solve for $x$.

$x=\frac{100}{8}=12.5$

Step5: Find percentage for health insurance.

Since percentage for health insurance is $4x$, then it is $4\times12.5 = 50$

Answer:

a. 50% b. Health Insurance: 50%, Health Club Dues: 12.5%, Prescriptions: 12.5%, Doctor's Visits: 25% c. If $900$ is budgeted for health - related expenses and health insurance is 50% of the budget, then amount budgeted for health insurance is $0.5\times900 = 450$ dollars. So, $450.00$