Answer :
Let's break down how much money can be saved without having a negative actual net income, step by step.
### Step 1: Calculate the actual net income without savings
First, we need to determine the actual net income without considering any savings.
The actual expenses are:
- Rent: [tex]$300 - Utilities: $[/tex]100
- Food: [tex]$200 - Cell Phone: $[/tex]75
Total actual expenses = [tex]$300 + $[/tex]100 + [tex]$200 + $[/tex]75 = [tex]$675 The actual wages are: $[/tex]675
Actual net income without savings = Actual wages - Total actual expenses
= [tex]$675 - $[/tex]675 = [tex]$0 ### Step 2: Consider scenarios for savings We need to figure out how much money can be saved without resulting in a negative actual net income. Since the actual net income without savings is $[/tex]0, saving any amount would lead to a negative net income.
a. It is not possible to save any money this month without having a negative actual net income.
- Because the actual net income without savings is [tex]$0, saving any amount would result in a negative net income. Therefore, it is not possible to save any money. ### Conclusion The optimal prediction for how much money can be saved without having a negative actual net income is given by: a. It is not possible to save any money this month without having a negative actual net income. As such, the possible savings for this month is $[/tex]0, and the actual net income will remain at $0.
### Step 1: Calculate the actual net income without savings
First, we need to determine the actual net income without considering any savings.
The actual expenses are:
- Rent: [tex]$300 - Utilities: $[/tex]100
- Food: [tex]$200 - Cell Phone: $[/tex]75
Total actual expenses = [tex]$300 + $[/tex]100 + [tex]$200 + $[/tex]75 = [tex]$675 The actual wages are: $[/tex]675
Actual net income without savings = Actual wages - Total actual expenses
= [tex]$675 - $[/tex]675 = [tex]$0 ### Step 2: Consider scenarios for savings We need to figure out how much money can be saved without resulting in a negative actual net income. Since the actual net income without savings is $[/tex]0, saving any amount would lead to a negative net income.
a. It is not possible to save any money this month without having a negative actual net income.
- Because the actual net income without savings is [tex]$0, saving any amount would result in a negative net income. Therefore, it is not possible to save any money. ### Conclusion The optimal prediction for how much money can be saved without having a negative actual net income is given by: a. It is not possible to save any money this month without having a negative actual net income. As such, the possible savings for this month is $[/tex]0, and the actual net income will remain at $0.