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  3. A FAMILY’S EXPENDITURES AND SAVINGSAS A PERCENT OF ITS GROSS ANNUAL INCOME*[im

A FAMILY’S EXPENDITURES AND SAVINGSAS A PERCENT OF ITS GROSS ANNUAL INCOME*[im

游客2024-01-12  57
问题 A FAMILY’S EXPENDITURES AND SAVINGS
AS A PERCENT OF ITS GROSS ANNUAL INCOME*

*2003 Gross annual income: $50,000
2004 Gross annual income: $45,000
(a)In 2003 the family used a total of 49 percent of its gross annual income for two of the categories listed. What was the total amount of the family’s income used for those same categories in 2004?
(b)Of the seven categories listed, which category of expenditure had the greatest percent increase from 2003 to 2004 ?
选项
答案 (a)$17,550(b)Miscellaneous
解析
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