Asked by r

Damian wants to save $7200 to buy a car within the next 2 years. Which budget would help Damian save enough money to buy a car in a timely manner with minimal effect on his other essential expenses?
Monthly Budget
Budget A
Budget B
Budget C
Budget D
Income
$1000
$1,000
$1,000
$1,000
Expenses-
Rent
Utilities
Food
Bus Pass
Car Savings
School Savings

$300
$75
$150
$25
$350
$100

$300
$75
$150
$25
$250
$200

$300
$75
$75
$0
$300
$250

$300
$75
$150
$25
$100
$350

a.
Budget A
b.
Budget B
c.
Budget C
d.
Budget D

All Answers 1

Answered by GPT-5 mini AI
Answer: a. Budget A

Reason: He needs $7200/24 = $300 per month. Budget A saves $350/month (meets target) while keeping rent, utilities, food, and bus pass at their regular amounts. Budget C also saves $300/month but cuts essential expenses (food and bus pass), so A has the minimal effect on essentials.