Answer :
Let's tackle Mr. Thom's budget allocations step by step to determine how much he can put towards his emergency savings each week.
First, we identify the weekly deposit amounts for each type of expense:
- Essential (Fixed): [tex]$219 - Essential (Variable): $[/tex]115
- Non-essential: [tex]$40 - Unexpected (Other): $[/tex]20
- Predictable (Education): [tex]$10 - Predictable (Retirement): $[/tex]40
- Predictable (Emergency): [tex]$15 Next, we calculate the sum of all allocated amounts: \[ 219 + 115 + 40 + 20 + 10 + 40 + 15 = 459 \] Given Mr. Thom's total weekly paycheck of $[/tex]498, we determine the unallocated amount:
[tex]\[ 498 - 459 = 39 \][/tex]
Mr. Thom decides to deposit this unallocated amount into his emergency savings. The total contributions to emergency savings will include:
- Unallocated amount: [tex]$39 - Unexpected (Other): $[/tex]20
- Predictable (Emergency): [tex]$15 Summing these amounts, we get: \[ 39 + 20 + 15 = 74 \] Thus, Mr. Thom can put a total of $[/tex]74 towards his emergency savings each week.
First, we identify the weekly deposit amounts for each type of expense:
- Essential (Fixed): [tex]$219 - Essential (Variable): $[/tex]115
- Non-essential: [tex]$40 - Unexpected (Other): $[/tex]20
- Predictable (Education): [tex]$10 - Predictable (Retirement): $[/tex]40
- Predictable (Emergency): [tex]$15 Next, we calculate the sum of all allocated amounts: \[ 219 + 115 + 40 + 20 + 10 + 40 + 15 = 459 \] Given Mr. Thom's total weekly paycheck of $[/tex]498, we determine the unallocated amount:
[tex]\[ 498 - 459 = 39 \][/tex]
Mr. Thom decides to deposit this unallocated amount into his emergency savings. The total contributions to emergency savings will include:
- Unallocated amount: [tex]$39 - Unexpected (Other): $[/tex]20
- Predictable (Emergency): [tex]$15 Summing these amounts, we get: \[ 39 + 20 + 15 = 74 \] Thus, Mr. Thom can put a total of $[/tex]74 towards his emergency savings each week.