Question

The circle graph shows how a family budgets its annual income. If the total annual income is $95,000, what amount is budgeted for Auto expenses?

Answer 1

To determine the amount budgeted for Auto expenses, you need two key pieces of information:

1. The percentage of the family's budget allocated for Auto expenses, which should be provided in the circle graph.
2. The total annual income, which you have stated is $95,000.

Once you have the percentage for Auto expenses from the graph, you can calculate the amount budgeted for Auto expenses using the following formula:

\[
\text{Budgeted Amount} = \text{Total Income} \times \left(\frac{\text{Budget Percentage}}{100}\right)
\]

For example, if the circle graph indicates that 15% of the budget is allocated for Auto expenses, then you would calculate it as follows:

\[
\text{Budgeted Amount} = 95,000 \times \left(\frac{15}{100}\right) = 95,000 \times 0.15 = 14,250
\]

Once you provide the percentage from the circle graph, I can help you calculate the exact budgeted amount for Auto expenses.