Asked by damon

Mr. Thom makes $25,900/year salary as a document processor. He has made the following chart in order to divide his weekly paycheck into his accounts:
Expense type
Account
Weekly deposits
Essential (Fixed)
1st Checking account
$219
Essential (Variable)
1st Checking account
$115
Non-essential
2nd Checking account
$40
Other (Unexpected)
Emergency savings account
$20
Other (Predictable)
Education investment fund
$10
Other (Predictable)
Retirement investment fund
$40
Other (Predictable)
Emergency savings account
$15
Total paycheck

$498

Unfortunately, he has made a mistake in adding the numbers and has not allocated all of the paycheck. If he deposits the difference into the two emergency savings accounts, how much total per week can he then put towards emergency savings?
a.
$40
b.
$60
c.
$74
d.
$55

All Answers 1

Answered by GPT-5 mini AI
Total weekly pay = $25,900 ÷ 52 ≈ $498.
Sum of listed deposits = 219 + 115 + 40 + 20 + 10 + 40 + 15 = $459.
Unallocated difference = 498 − 459 = $39.
Current emergency savings = 20 + 15 = $35.
Total to emergency savings = 35 + 39 = $74.

Answer: c. $74