Look at jerry's monthly budget below. what percentage of jerry's net income is spent on housing? net monthly expenses: . $2,970.00expenses: housing: $750.00utilities: $120.00food: $450.00transportation: $650.00healthcare expenses: $200.00savings: $300.00other expenses: $500.00total monthly expenses: . $2,970.00a 33.8% b 25.3%c 4%d 75%

B  25.3%

Explanation and method:

Jerry’s budget is given below he spends the following Expenses:

Housing: $750.00

Utilities: $120.00

Food: $450.00

Transportation: $650.00

Healthcare Expenses: $200.00

Savings: $300.00

Other Expenses: $500.00

When we add the expenses up we get:

Total Monthly Expenses: $2,970.0

Now to find out how much jerry spent on housing we will take the amount spent on housing which is $750.00

And divide it by the Total Monthly Expenses $2,970.0

Hence, 750/2870*100 will give us the percentage which is 23.25%

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