Use the table to answer the question. Brendan and Tasia are making a budget. Brendan takes home $2,300 on the 5th and 20th of each month, and Tasia receives $4,800 once a month. They make a list of their dedicated expenditures. Description Amount mortgage $3,200 utilities $445 Brendan's car payment $225 Tasia's car payment $385 minimum credit payments $214 cell phone plan $156 gym membership $96 How much money is left for the rest of their monthly budget? Show your work or explain how you got your answer.

short answer

1 answer

To calculate how much money Brendan and Tasia have left for their monthly budget after their dedicated expenditures, we'll first determine their total income and then subtract their total expenditures.

  1. Calculate Total Monthly Income:

    • Brendan's income (2 paychecks): $2,300 * 2 = $4,600
    • Tasia's income: $4,800
    • Total Income = Brendan's Income + Tasia's Income = $4,600 + $4,800 = $9,400
  2. Calculate Total Expenditures:

    • Mortgage: $3,200
    • Utilities: $445
    • Brendan's car payment: $225
    • Tasia's car payment: $385
    • Minimum credit payments: $214
    • Cell phone plan: $156
    • Gym membership: $96
    • Total Expenditures = $3,200 + $445 + $225 + $385 + $214 + $156 + $96 = $4,721
  3. Calculate Money Left for Budget:

    • Money left = Total Income - Total Expenditures
    • Money left = $9,400 - $4,721 = $4,679

Final Answer: Brendan and Tasia have $4,679 left for the rest of their monthly budget.