ECONOMICS (CBSE/UGC NET)

ECONOMICS

COMPOUND INTEREST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Coach Barone’s monthly take home pay is $3, 900. He set a goal to spend no more than 20% of his monthly take home pay on groceries and eating out. Last month he spent $675 on groceries and $225 eating out with his wife.
A
Mia says Coach Barone was financially responsible by staying within his budget.
B
Mia E says he was not financially responsible, because he went over his budget for food.
C
Either A or B
D
None of the above
Explanation: 
There is 1 question to complete.