question 3 (10 points)\nyou shared a 50:30:20 budget spreadsheet with maria. she has worked several more…

question 3 (10 points)\nyou shared a 50:30:20 budget spreadsheet with maria. she has worked several more months and noticed that her average monthly income is now $2,500. she typed in her budgeted expenses in the needs category. she has more than 50% in the needs category ($1,690.00 is 67.6% of her total budget), and she will not be able to change that. she plans to put a full 20% in the savings category. how much will she be able to budget toward wants?\n50:30:20 monthly budget year 1\nexpected monthly income $2,500.00\nafter deductions

question 3 (10 points)\nyou shared a 50:30:20 budget spreadsheet with maria. she has worked several more months and noticed that her average monthly income is now $2,500. she typed in her budgeted expenses in the needs category. she has more than 50% in the needs category ($1,690.00 is 67.6% of her total budget), and she will not be able to change that. she plans to put a full 20% in the savings category. how much will she be able to budget toward wants?\n50:30:20 monthly budget year 1\nexpected monthly income $2,500.00\nafter deductions

Answer

Explanation:

Step1: Calculate savings amount

The savings is 20% of the income. So we find 20% of $2500. $2500\times0.2 = 500$

Step2: Calculate amount for wants

The total income is $2500$. The amount for needs is $1690$ and savings is $500$. We subtract the sum of needs and savings from the total income to get the amount for wants. $2500-(1690 + 500)=2500 - 2190=310$

Answer:

$310$