The city planning committee is allocating funds for a sustainable urban development project. e total budget for the project is $3,000,000 (without GST). The committee has divided the udget among three key areas: Residential Infrastructure, Commercial Zones, and Green Express the budget allocation as a percentage of the total budget. After expressing the budget in percentages, answer the following questions: a. What percentage of the total budget is allocated to Residential Infrastructure compared to Commercial Zones? b. If the budget for Green Spaces is increased to $400,000, by what percentage has it been increased? C. After the increase made in part b, what is the new ratio of the budget allocated among the three key areas?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The city planning committee is allocating funds for a sustainable urban development project. e total budget for the project is $3,000,000 (without GST). The committee has divided the udget among three key areas: Residential Infrastructure, Commercial Zones, and Green Express the budget allocation as a percentage of the total budget. After expressing the budget in percentages, answer the following questions: a. What percentage of the total budget is allocated to Residential Infrastructure compared to Commercial Zones? b. If the budget for Green Spaces is increased to $400,000, by what percentage has it been increased? C. After the increase made in part b, what is the new ratio of the budget allocated among the three key areas?
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