Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)

6th Edition

ISBN: 9780321914620

Author: Jeffrey O. Bennett, William L. Briggs

Publisher: PEARSON

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Textbook Question

Chapter 4.A, Problem 1QQ

By evaluating your monthly budget, you can learn how to

Keep your personal spending under control.

Make better investments.

Earn more money.

Expert Solution & Answer

To determine

By evaluating your monthly budget what you can learn?

Answer to Problem 1QQ

Solution:

The best option is (a).

By evaluating your monthly budget, you can learn how to keep your personal spending under control.

Explanation of Solution

A monthly budget helps you to control and manage spending. It helps to make sure that your hard earned money is to put in the highest priority need and best purpose. If you are over spending, then your monthly budget becomes negative. Hence, it makes you sure how much you are spending and where you are spending, if you are really in a need of it you will spend money else you will stop spending money on it. By controlling on the spending you can maximize saving and investment.

Conclusion:

Hence, by evaluating your monthly budget, you can learn how to keep your personal spending under control.

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02:15

Chapter 3.E, Problem 33E

Chapter 4.A, Problem 2QQ

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Chapter 4 Solutions

Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)

Ch. 4.A - By evaluating your monthly budget, you can learn...Ch. 4.A - The two things you must keep track of in order to...Ch. 4.A - A negative monthly cash flow means that Your...Ch. 4.A - When you are making your monthly budget, what...Ch. 4.A - For the average person, the single biggest...Ch. 4.A - According to Figure 4.1, which of the following...Ch. 4.A - Which of the following in necessary if you want to...Ch. 4.A - Prob. 8QQ Ch. 4.A - Prob. 9QQ Ch. 4.A - According to data from the National Center for...

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By evaluating your monthly budget, you can learn how to Keep your personal spending under control. Make better investments. Earn more money.