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Calculate Mrs. Ncube's monthly savings and total expenses based on her income and budget.
Accounting
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Step-by-step solution
4 stepsDetermine Mrs Ncube's total income from her teaching job (1.1.2).
Her total income includes her monthly salary and the monthly housing subsidy.
Determine Mrs Ncube's monthly saving (A) (1.2.1).
Mrs Ncube saves 25% of her total monthly income from her employment.
Rounding to two decimal places:
Calculate Mrs Ncube's total monthly expenses before she donates to charity (B) (1.2.2).
Total monthly expenses (B) is the sum of all listed expenses in the budget table, including savings (A).
Determine the amount Mrs Ncube donates to charity (1.2.3).
She donates the balance to charity after all her expenses. The balance is her total income minus her total expenses (B).
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