PLEASE HELP
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Lisa has a net spendable income of $1,700. She must pay at least $100 per month to pay off her debts. However, she puts together the following budget for her main expense categories.

Housing $510
Food $204
Transportation $255
Insurance $51
Debts $262
Entertainment $85
Clothing $85
Savings $85
Medical $68
Miscellaneous $85

How is she able to pay so much money on her debts?

Select the best answer from the choices provided.
She is going over budget.
She is putting less than the recommended percentage of her income into the savings category.
She is putting the minimum recommended percentage of her income into all categories except debt.
She is putting less than the recommended percentage of her income into the clothing, medical, and miscellaneous categories.

I believe that the answer for this is that she is going over budget considering that 100$ in debt she won't be able to pay because without the debt she would have to pay 1,605 out of her 1,700 so add 100 to 1,605 and she would be over budget

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aliciajimenez96 aliciajimenez96 · Answer 2 · 2020-05-07T02:33:06+02:00

aliciajimenez96 aliciajimenez96

07-05-2020

Answer: I believe that the answer for this is that she is going over budget considering that 100$ in debt she won't be able to pay because without the debt she would have to pay 1,605 out of her 1,700 so add 100 to 1,605 and she would be over budget

Step-by-step explanation:

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