jjen
Nov 12, 2005, 10:05 AM
Jim and Alice Lange, employees at Wal-Mart, have put themselves on a strict budget. Their goal at year’s end is to buy a boat for $15,000 in cash. Their budget includes the following:
40% food and lodging 20% entertainment 10% educational
Jim earns $1,900 per month and Alice earns $2,400 per month. After one year, will Alice and Jim have enough cash to buy the boat?
I need help figureing this out anyone no how.
40% food and lodging 20% entertainment 10% educational
Jim earns $1,900 per month and Alice earns $2,400 per month. After one year, will Alice and Jim have enough cash to buy the boat?
I need help figureing this out anyone no how.