Answer :
To determine how much money can be spent on food for the month given the budget details and an income of \[tex]$750, we need to follow these steps:
1. Identify all expenses:
- Personal Items: \$[/tex]20
- Cell Phone: \[tex]$75 - Entertainment: \$[/tex]85
- Car Expenses (Gas, Insurance): \[tex]$260 - College Savings: \$[/tex]250
2. Calculate the total of the expenses except for food:
- Total expenses excluding food = Personal Items + Cell Phone + Entertainment + Car Expenses + College Savings
- Total expenses excluding food = \[tex]$20 + \$[/tex]75 + \[tex]$85 + \$[/tex]260 + \[tex]$250 = \$[/tex]690
3. Subtract the total expenses from the income to find out the remaining amount which can be spent on food:
- Monthly income = \[tex]$750 - Amount left for food = Income - Total expenses excluding food - Amount left for food = \$[/tex]750 - \[tex]$690 = \$[/tex]60
Based on this calculation, the maximum amount that can be spent on food without exceeding the income is [tex]$\$[/tex]60[tex]$. Therefore, the correct answer is: d. No more than \$[/tex]60 can be spent on food.
- Cell Phone: \[tex]$75 - Entertainment: \$[/tex]85
- Car Expenses (Gas, Insurance): \[tex]$260 - College Savings: \$[/tex]250
2. Calculate the total of the expenses except for food:
- Total expenses excluding food = Personal Items + Cell Phone + Entertainment + Car Expenses + College Savings
- Total expenses excluding food = \[tex]$20 + \$[/tex]75 + \[tex]$85 + \$[/tex]260 + \[tex]$250 = \$[/tex]690
3. Subtract the total expenses from the income to find out the remaining amount which can be spent on food:
- Monthly income = \[tex]$750 - Amount left for food = Income - Total expenses excluding food - Amount left for food = \$[/tex]750 - \[tex]$690 = \$[/tex]60
Based on this calculation, the maximum amount that can be spent on food without exceeding the income is [tex]$\$[/tex]60[tex]$. Therefore, the correct answer is: d. No more than \$[/tex]60 can be spent on food.
