Manny wants to find ways to reduce his current debt. The table below shows Manny’s monthly income, expenses and net income.


Monthly Budget
Amount
Income
Wages
$3,000.00
Expenses
Rent
$1,200.00

Utilities
$269.34

Entertainment
$220.00

Food/Clothes
$368.00

Cell Phone
$89.42

Credit Card #1
$94.62

Credit Card #2
$36.18

Car Insurance
$80.00

Car Payment
$300.00

Gym Membership
$25.00
Net Income

$317.44


After evaluating Manny’s monthly budget, which of the following would be the best option to reduce his debt?
a.
Manny could spend less on entertainment each month and put the money towards a new cell phone.
b.
Manny could pay the minimum monthly payments on his credit cards and put the money towards his car payment.
c.
Manny could spend less on food and clothes and put the money towards his credit card payment.
d.
Manny could cut his utlility costs and put the money towards buying a new house.

Answers

Answer 1

Answer:

c.  Manny could spend less on food and clothes and put the money towards his credit card payment.

Step-by-step explanation:

Edge 2021

Answer 2

Based on the information given, Manny can reduce his current debt by: C. Manny could spend less on food and clothes and put the money towards his credit card payment.

What is a credit card?

A credit card refers to a small rectangular-shaped plastic card that is issued by a financial institution (banks) to its customers, which allows them to purchase goods and services on credit, especially based on the agreement that the amount of money taken would be paid later with an agreed upon interest rate.

How to calculate monthly payment.

Mathematically, the monthly payment for a credit card is given by this formula:

[tex]M=P(\frac{r}{1-(1+r)^{-nt}} )[/tex]

Where:

P is the principal.r is the interest rate.M is the monthly payment.t is the time.n is the number of times it's compounded.

In this scenario, Manny can reduce his current debt by spending less amount of money on both food and clothes while putting the money towards his credit card payment.

Read more on monthly payment here: https://brainly.com/question/2151013


Related Questions

Someone help me find the roots that this function have in common please

Answers

Answer:

B

Step-by-step explanation:


1. When the point is reflected over x-axis, what will
the new coordinates of the new point be?

Answers

Answer:

(x , y) ----> (-x , y)

Step-by-step explanation:

(x , y) ----> (-x , y)

Example for 1. :

(-4,2) ---> (4,2)

Taras garden is 3/8 are red flowers and 3/6 are yellow flowers which is greater

Answers

Answer: 3/6

Step-by-step explanation:

If you convert them into decimals you get

3/8 = 0.375

3/6 = 0.5

Answer: 3/6 is greater

Step-by-step explanation:

share 1200kg in the ratio 3:37

Answers

Answer:

3+37=40

3/40×1200=90kg

37÷40×1200=1110kg

Step-by-step explanation:

''.''

Answer:

[tex]3x+37x=40x\\40x=1200kg\\x=\frac{1200}{40} \\x=30kg\\[/tex]

[tex]3x=30kg*3=90kg\\37x=30kg*37=1110kg[/tex]

7. Triangles CDE and RST are similar triangles. What is
the length of side CD in triangle CDE?
R
40 ft.
32 ft.
20 ft.
T
S

Answers

Answer:

CD = 25 ft

Step-by-step explanation:

[tex] \triangle CDE \sim \triangle RST[/tex]

[tex]\therefore \frac{CD}{20}=\frac{40}{32}[/tex]

(Corresponding sides of similar triangles are in proportion)

[tex]\therefore \frac{CD}{20}=\frac{5}{4}[/tex]

[tex]\therefore CD = \frac{5}{\cancel 4}\times \cancel {20} \:\:\blue{\bold{5}} [/tex]

[tex]\therefore CD = 5\times 5[/tex]

[tex]\therefore CD = 25\: ft[/tex]

Answer:

CD = 25 ft

Step-by-step explanation:

Since the triangles are similar then the ratios of corresponding sides are equal, that is

[tex]\frac{CD}{RS}[/tex] = [tex]\frac{CE}{RT}[/tex] , substitute values

[tex]\frac{CD}{20}[/tex] = [tex]\frac{40}{32}[/tex]  ( cross- multiply )

32CD = 800 ( divide both sides by 32 )

CD = 25

Which expression is equivalent to - 2/3 (6x + 15) ?
A.
4x + 10
B.
4x – 10
C.
-4x - 10
D.
- 4x + 10

Answers

Answer:

-4x - 10

Step-by-step explanation:

Given the expression -2/3(6x+ 15)

Open the bracket

-2/3(6x+ 15)

= -2/3 (6x) -2/3(15)

= -2(2x) - 2(5)

= -4x - 10

hence the equivalent expression is -4x - 10

I need this answer ASAP

Answers

Answer:

i think the area is 60 i added it up

John's bank account had $1,320 at the end of November. In December, he bought $645 worth of
groceries and spent $225 on his mom's birthday present. Luckily, he earned $350 mowing lawns and $50
for good grades. How much money does John have at the end of December?

Answers

Answer:

850 but im not sure lol

Step-by-step explanation:

645 + 225 = 870

1,320 - 870 = 450

450 + 350 = 800

800 + 50 = 850

In ΔNOP, \overline{NP}
NP
is extended through point P to point Q, \text{m}\angle NOP = (3x+8)^{\circ}m∠NOP=(3x+8)

, \text{m}\angle PNO = (2x+9)^{\circ}m∠PNO=(2x+9)

, and \text{m}\angle OPQ = (8x-16)^{\circ}m∠OPQ=(8x−16)

. What is the value of x?x?

Answers

Answer:

x=11

Step-by-step explanation:

Using the Exterior Angle Theorem. . .

(3x+8) + (2x+9) = (8x-16)

Solve to get x = 11

Write the fraction 9/12 as a percent

Answers

9/12 = 75%

if any questions just ask.

Answer:

75%

Step-by-step explanation:

9/12 in percent = 9 ÷ 2 × 100%=0.75 × 100= 75%.

l hope it helps you ❤❤

need help FAST not sure

Answers

9514 1404 393

Answer:

  7.  obtuse

  8.  right

  9.  acute

Step-by-step explanation:

You can look at the difference ...

  a^2 + b^2 -c^2

where c is the longest side. You can classify the triangle based on the result:

  > 0 -- acute

  = 0 -- right

  < 0 -- obtuse

__

7. 7^2 +9^2 -15^2 = 49 +81 -225 = -95  ⇒  obtuse

8. 3^2 +4^2 -5^2 = 9 +16 -25 = 0  ⇒  right

9. 4^2 +5^2 -6^2 = 16 +25 -36 = 5  ⇒  acute

_____

There are several triangle solver apps and web sites available. Your graphing calculator may also solve triangles for you.

(4) B is the midpoint of AC, D is the midpoint of CE, find BD.

Answers

Answer:

A :10.5 is the answer

Step-by-step explanation:

I need help I don’t get the question

Answers

They are equal to each other
9x - 7 = 7x - 3
2x = 4, x = 2
Solution: x = 2

Answer:

2

Step-by-step explanation:

9x-7 = 7x-3

9x-7x = 2x

2x -7 = -3

   +7   +7

2x=4

x=2


Find the value of x in rectangle BCDE.
Find Value of x.

Answers

Answer:

34

Step-by-step explanation:

Answer:

x=34

Step-by-step explanation:

2x=x+34

-x   -x

x=34

TADA! :D

Jackson biked k kilometers. Maria biked 8 more kilometers than Jackson. Peter biked 2 fewer kilometers than Jackson.

Drag and drop the expressions into the boxes to write an expression that represents the total number of kilometers Jackson, Maria, and Peter biked in all.

k
8
12
k+2
k+8
k+10
k-2
k-8

Answers

Answer:

Step-by-step explanation:

The expression for the total distance covered.

k + (k + 8) + (k - 2)

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

Example: 2 + 3x + 4y = 7 is an expression.

We have,

Distance biked:

Jackson = k

Maria = k + 8

Peter = k - 2

Now,

The total distance biked.

= k + k + 8 + k - 2

= 3k + 6

= 3 (k + 2)

Thus,

The total distance covered is 3 (k + 2).

Learn more about expressions here:

https://brainly.com/question/3118662

#SPJ2

Marking brainless (how ever u spell this)!

Answers

Answer:

brainliest*

Step-by-step explanation:

c

Find the slope of a line that passes through (4, 1) and (6, 5).
plssss show your work thx plssss

Answers

Answer:

Slope = 2

Step-by-step explanation:

Answer:

is this what youre looking for ?

Step-by-step explanation:

Input Data :

Point A  ( x A , y A )  = (3, 2)

Point B  ( x B , y B )  = (7, 10)  

Objective : Find the slope of a line that passes through points A and B.

Formula : Slope  m =  y B − y A /x B − x A

Solution: Slope m = 10 − 2 /7 − 3  = 8 4

m = 2

It costs $3.45 to buy ¾ lb of chopped walnuts. How much would it cost to purchase 7.5 lbs of walnuts? Explain or show your reasoning.

Answers

Answer:

It would cost $ 34.5

Step-by-step explanation:

Given,

The cost of 3/4 lb of chopped walnut = $ 3.45,

So, the cost of 1 lb of chopped walnut = 4/3*3.45

=4*1.15

= $ 4.6,

Thus, the cost of 7.5 lbs of walnuts = 7.5 × cost of 1 b of walnut

= 7.5 × 4.6

= $ 34.5

Need help with this question

Answers

Answer:

Correct answer is no. 1

Step-by-step explanation:

Answer:

Choice A, or the first choice, should be the answer

Step-by-step explanation:

By using the process of elimination, you can cross out choices B and C because the speed limit is 30.

The speed limit is 30, thus your speed can be at 30 mi/h.

Choice A is the last and the correct answer.

A water taxi travels around an island in a path that can be modeled by the equation y=0.5(x-14)^2 . A water skier is skiing along a path that begins at the point (6,4) and ends at the point (8,4)
Write a system of equations to model the problem.
Is it possible that the water skier could collide with the​ taxi? Explain

Answers

Answer:

 

A water taxi travels around an island in a path that can be modeled by the equation y =0.5(x - 16). A water skier is skiing along a path that begins at the point (6,6) and ends at the point (8. - 4).

a. Write a system of equations to model the problem.

b. Is it possible that the water skier could collide with the taxi? Explain

Step-by-step explanation:

maya joins two peices of wood together one peice is 36 inches long the total lenght of both peices is 62 how long is the other peice of wood


help ;-;...

Answers

Answer: 26

Step-by-step explanation:

62-36=26

Answer: 26

You simply have to subtract 36 from 62

Which expressions are equal to 105?

Answers

Answer:

2•2²×100+5.

Step-by-step explanation:

The length of a ship is 247 metres, correct to the nearest metre.
Write down the minimum length of the ship.

Answers

Answer:

246.50

Step-by-step explanation:


7. By selling a bicycle for * 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price
will be
(a) 2,600
(b) 2,700
(c) 2,800
(d) 3,000
with steps

Answers

Correct option :[tex]= \color{plum}\bold{(b) \: 2,700}[/tex]Steps to derive answer :

Selling price of a bicycle = 2850

Profit percentage = 14%

We know that :

[tex]\color{plum}\tt{Cost \: \: price = \frac{Selling \: \: price \: \times \: 100}{100 \: \: + \: \: profit \: \%} }[/tex]

Then, the cost price of this bicycle :

[tex] = \tt \frac{2850 \times 100}{100 + 14} [/tex]

[tex] = \tt \frac{285000}{114} [/tex]

[tex] =\color{plum} \tt2500[/tex]

Thus, the cost price of this bicycle = 2500

In another scenario :

Profit percentage = 8%

Cost price of the bicycle = 2500

Then, Selling price will be equal to :

Let x be the selling price of the bicycle.

[tex] = \tt2500 = \frac{\: x \: \times 100}{100 + 8} [/tex]

[tex] = \tt2500 = \frac{100x}{108} [/tex]

[tex] =\tt 100x = 2500 \times 108[/tex]

[tex] = \tt100x = 270000[/tex]

[tex] =\tt x = \frac{270000}{100} [/tex]

[tex] =\color{plum}\tt x = 2700[/tex]

Therefore, the selling price with a profit of 8% will be = 2700

PLEASE HELP WILL GIVE BRAILEST TO CORRECT ANSWER!!!!
Marcus states that the polynomial expression 3x3 – 4x2y + y3 + 2 is in standard form. Ariel states that it should be y3 – 4x2y + 3x3 +2. Explain which student is correct and why.

Answers

Answer:

opps type miss

Step-by-step explanation:

miss type

Help due at 11:59 please help

Answers

Answer:

Step-by-step explanation:

the last choice looks good

Answer: Its the bottom one i believe

Step-by-step explanation:

Domain slope stuff you don't want to hear have a good night :)

anyone know how to do this help

Answers

Answer:

Height if the tree: 13.8 meters

Answer:

Height of the tree: 13.8 meters

To find the quotient 3/4 / 1/8

Answers

Answer:

6 i think

Step-by-step explanation:

Answer:

24/4 or 6

Step-by-step explanation:

3/4 / 1/8

flip the 1/8 and the sign

3/4x8/1

3x8=24

4x1=4

Carlotta has a blue sweater, a red sweater, a pink sweater, and a white sweater. She also has a pair of black pants
and a pair of brown pants. Which of the following shows how many different ways she can wear a sweater and pair of
pants together?


!!!!!!WILL MARK BRAINLIEST!!!!!!

Answers

Answer:

The answer is D.

Step-by-step explanation:

The answer is c I think

Solve: a + 4 = 48
a = 43
a = 51
a = 44
a = 52

Answers

Answer:

a = 44 is correct

Step-by-step explanation:

a + 4 = 48

plug in the #'s 1 at a time

43 + 4 = 48

47 = 48  FALSE

51 + 4 = 48

55 = 48  FALSE

44 + 4 = 48  TRUE

52 + 4 = 48  FALSE

Hope this Helps!!!

Answer:

Your answer would be a= 44

Step-by-step explanation:

44+4=48

To check: 48-4=44

Therefore, your answer is 44

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