The family budget is illustrated in the figure to the right. What percent of take-home pay is spent for education if education, savings, and miscellaneous funds are used for education? The percent of total take-home pay used for education is% ... Distribution of Family Monthly Take-Home Pay Food $450 Housing $500 Insurance $80 Education $130 Personal $90 Miscellaneous $80 Clothing $170 Savings $150 Transportation $150
The family budget is illustrated in the figure to the right. What percent of take-home pay is spent for education if education, savings, and miscellaneous funds are used for education? The percent of total take-home pay used for education is% ... Distribution of Family Monthly Take-Home Pay Food $450 Housing $500 Insurance $80 Education $130 Personal $90 Miscellaneous $80 Clothing $170 Savings $150 Transportation $150
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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**Analyzing Family Budget Allocation**
The family budget is presented in the accompanying pie chart. This visualization helps us understand the distribution of take-home pay across various expenses. The question prompts us to determine what percentage of take-home pay is allocated specifically for education when combined with savings and miscellaneous funds.
**Distribution of Family Monthly Take-Home Pay:**
- **Food**: $450
- **Housing**: $500
- **Insurance**: $80
- **Education**: $130
- **Personal**: $90
- **Miscellaneous**: $80
- **Clothing**: $170
- **Savings**: $150
- **Transportation**: $150
**Visual Explanation of the Pie Chart:**
The pie chart visually divides the monthly budget into colored segments, each representing a different expense category proportionally based on the amount allocated. The largest segment is housing at $500, followed by food at $450. Education, alongside savings and miscellaneous expenses, are smaller segments in the chart, highlighting the budget portions these categories receive.
**Problem Solving:**
- Calculate the combined percentage of the budget spent on education, savings, and miscellaneous expenses.
- Determine the exact proportion that education occupies within the total budget.
The percent of total take-home pay used for education is _____%.
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