Americans spend the largest portion of their budget on _____

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Answer 1

Answer: Answer - Housing
Americans' biggest expense is on housing. Low income families actually exhaust more proportionately on their shelter than high income families. Generally speaking, the average American family spends roughly one third of their annual budget on securing a roof over their heads.

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The Greens want to put an addition on their house 18 months from now. They will need to save $10,620 in order to achieve this goal. They set aside the same amount each month, and after a year discover they have saved $6,120. The Greens must adjust their plan in order to meet their goal, so they came up with the following options: Option A: Stay with saving the original amount each month but put the addition on one month later than originally planned.
Option B: Increase the amount of money they save each month by $120 from their original plan.
Which of the following statements is true?

a.Only option A will allow them to meet their goal.

b.Only option B will allow them to meet their goal.

c.Both options A and B will allow them to meet their goal.

d.Neither option A nor option B will allow them to meet their goal

Answers

The right answer for the question that is being asked and shown above is that: "d.Neither option A nor option B will allow them to meet their goal." The Greens want to put an addition on their house 18 months from now. They will need to save $10,620 in order to achieve this goal.

Final answer:

To meet their goal of saving $10,620 for a house addition, the Greens must adjust their saving plan. Neither option A nor option B will allow them to meet their goal.

Explanation:

To solve this problem, we can use the concept of proportions. Let's set up a proportion with the original saving plan and the amount saved after a year:

Original Plan: $10,620 / 18 months = $6120 / 12 months
Option A: $10,620 / 19 months = $6120 / 12 months
Option B: ($10,620 + ($120 * 18)) / 18 months = $6120 / 12 months

By simplifying each proportion, we can determine if the Greens will meet their goal:

Original Plan: $6120 = $6120 (True)
Option A: $6315 ≠ $6120 (False)
Option B: $10,680 ≠ $6120 (False)

Therefore, the statement 'Only option A will allow them to meet their goal' is false. The correct answer is Option A and B will not allow them to meet their goal (option d).

Learn more about Savings Goals here:

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According to the article by Brooks, successful entrepreneurs are most interested in

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personal fulfillment.

What is the food service term for the amount of money remaining from a sale after subtracting the sold itemâ s cost from its selling price? Check average Food cost percentage Contribution margin Cost of food sold

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Answer:

Contributing margin.

Explanation:

Contributing margin is calculated by deducting the cost of producing a food item from its selling price. This represents the portuin of sales revenue that is not used up by cost.

It shows the profit a business eventually makes after considering its costs incurred.

This is an important consideration for businesses because it shows if a business venture is profitable and worth continuing. When the contributing margin is negative, it means that the business is running at a loss.

In one or more complete sentences, explain the details and requirements to obtain a driver license.

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You have to be a least 16, have your parents or guardians permission first (unless you're 18 or older), and you also have to have a driving permit before you can get your driver license. And you also might need your birth certificate and other documents of the like. Hope I helped.

You want to create a relational database for your company. Which application below would assist you in doing this?a. Visio
b. Project
c. Access
d. Evernote

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The right answer for the question that is being asked and shown above is that: "c. Access." You want to create a relational database for your company. The application that would assist you in doing this is the Microsoft Access. It is just a simple database handler.

The law of supply and demand relates toa. the relative price of goods and services.
b. the rate of unemployment.
c. the income tax structure.
d. the presence of a monopoly.

Answers

A. The relative price of goods and services. The law of demand andsupply explains the interaction between the supply and demand of a resource. Thelaw of demand states that if all things are equal, the higher the price thelesser (quantity) the demand for the goods/services. While thelaw of supply states that if all things are equal, the higher the price, thehigher the (quantity) supply of goods/services.

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