Need help with practice question Financial planners suggest a monthly budget similar to that shown in the pie chart below.1Use the pie chart shown to answer the questions.HintHousing28%Daily Spending20%Answer:Debt8%Insurance9%Taxes15%O $28O $2,800Other Savings10%Part A: What is the total of the percentages shown in the chart?Retirement10%%Part B: What is the total percentages spent in Retirement and Other Savings?Answer:%Part C: How much money should some following this budget spend on housing?Answer: Part A: What is the total of the percentages shown in the chart?Answer:%Part B: What is the total percentages spent in Retirement and Other Savings?Answer:Part C: How much money should some following this budget spend on housing?Answer:O $28O $2,800O Not enough information is givenPart D: If a person following this budget makes $2000 per month, approximately how much shouldbe set aside for daily spending?Answer: $Part E: A person who makes $2,000 per month decides to rent a room in an apartment for $500. Isthat a wise financial decision? Why or why not?My Dollar Plan.(n.d). What should your financial ple chart look like?Retrieved April 4, 2014, fromhttp://www.census.gov/prod/cen 2010/briefs/c2010br-03.paf.

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Financial planners suggest a monthly budget similar to that shown in the pie chart below.1 Use the pie chart shown to answer the questions. Hint Housing 28% Daily Spending 20% Answer: Debt 8% Answer: Insurance 9% Taxes 15% Part A: What is the total of the percentages shown in the chart? O $28 O $2,800 Other Savings 10% Retirement 10% % Part B: What is the total percentages spent in Retirement and Other Savings? % Part C: How much money should some following this budget spend on housing? Answer: