Answer :
To determine how much money can be saved without having a negative actual net income, we must follow these steps:
1. Calculate the total actual expenses.
2. Subtract the total actual expenses from the actual income.
3. See how much can be saved without resulting in a negative net income.
### Step-by-Step Solution:
1. Calculate the Total Actual Expenses:
Actual expenses are:
- Rent: \[tex]$300 - Utilities: \$[/tex]100
- Food: \[tex]$200 - Cell Phone: \$[/tex]75
Total Actual Expenses:
[tex]\[ 300 + 100 + 200 + 75 = \$675 \][/tex]
2. Calculate the Actual Net Income Before Savings:
Actual Income (Wages):
[tex]\[ \$675 \][/tex]
Total Actual Expenses:
[tex]\[ \$675 \][/tex]
Net Income Before Savings:
[tex]\[ \$675 - \$675 = \$0 \][/tex]
3. Determine Savings Options:
To save money without resulting in a negative net income, we need to look at possible saving options and their effects:
- Option a: Save \[tex]$0 (no savings) - Option b: Save \$[/tex]350
- Option c: Save \[tex]$200 - Option d: Save \$[/tex]75
Let’s calculate the resulting net income for each of these saving options.
### Evaluation of Each Option:
- Option a: Save \[tex]$0 Net Income After Savings: \[ \$[/tex]0 - \[tex]$0 = \$[/tex]0
\]
- Option b: Save \[tex]$350 Net Income After Savings: \[ \$[/tex]0 - \[tex]$350 = -\$[/tex]350 \quad (\text{Negative})
\]
Not possible without a negative net income.
- Option c: Save \[tex]$200 Net Income After Savings: \[ \$[/tex]0 - \[tex]$200 = -\$[/tex]200 \quad (\text{Negative})
\]
Not possible without a negative net income.
- Option d: Save \[tex]$75 Net Income After Savings: \[ \$[/tex]0 - \[tex]$75 = -\$[/tex]75 \quad (\text{Negative})
\]
Not possible without a negative net income.
### Conclusion:
Given the calculations above, the only non-negative net income option is to save \$0.
The correct answer is:
a. It is not possible to save any money this month without having a negative actual net income.
1. Calculate the total actual expenses.
2. Subtract the total actual expenses from the actual income.
3. See how much can be saved without resulting in a negative net income.
### Step-by-Step Solution:
1. Calculate the Total Actual Expenses:
Actual expenses are:
- Rent: \[tex]$300 - Utilities: \$[/tex]100
- Food: \[tex]$200 - Cell Phone: \$[/tex]75
Total Actual Expenses:
[tex]\[ 300 + 100 + 200 + 75 = \$675 \][/tex]
2. Calculate the Actual Net Income Before Savings:
Actual Income (Wages):
[tex]\[ \$675 \][/tex]
Total Actual Expenses:
[tex]\[ \$675 \][/tex]
Net Income Before Savings:
[tex]\[ \$675 - \$675 = \$0 \][/tex]
3. Determine Savings Options:
To save money without resulting in a negative net income, we need to look at possible saving options and their effects:
- Option a: Save \[tex]$0 (no savings) - Option b: Save \$[/tex]350
- Option c: Save \[tex]$200 - Option d: Save \$[/tex]75
Let’s calculate the resulting net income for each of these saving options.
### Evaluation of Each Option:
- Option a: Save \[tex]$0 Net Income After Savings: \[ \$[/tex]0 - \[tex]$0 = \$[/tex]0
\]
- Option b: Save \[tex]$350 Net Income After Savings: \[ \$[/tex]0 - \[tex]$350 = -\$[/tex]350 \quad (\text{Negative})
\]
Not possible without a negative net income.
- Option c: Save \[tex]$200 Net Income After Savings: \[ \$[/tex]0 - \[tex]$200 = -\$[/tex]200 \quad (\text{Negative})
\]
Not possible without a negative net income.
- Option d: Save \[tex]$75 Net Income After Savings: \[ \$[/tex]0 - \[tex]$75 = -\$[/tex]75 \quad (\text{Negative})
\]
Not possible without a negative net income.
### Conclusion:
Given the calculations above, the only non-negative net income option is to save \$0.
The correct answer is:
a. It is not possible to save any money this month without having a negative actual net income.
