AI for Everyone - AI for Parents and Families
An AI budgeting app shows: Income $4000, Rent $1500, Food $600, Utilities $300. What is the remaining budget?
An AI budgeting app shows: Income $4000, Rent $1500, Food $600, Utilities $300. What is the remaining budget?
medium📝 Analysis Q4 of 15
Step-by-Step Solution
Solution:
Step 1: Calculate total expenses
Add Rent ($1500) + Food ($600) + Utilities ($300) = $2400.Step 2: Subtract expenses from income
Income ($4000) - Expenses ($2400) = $1600 remaining.Final Answer:
$1600 -> Option BQuick Check:
Remaining budget = Income - Expenses = $1600 [OK]
Quick Trick: Subtract total expenses from income to find leftover money [OK]
Common Mistakes:
MISTAKES- Adding expenses incorrectly
- Subtracting income from expenses
- Forgetting to sum all expenses
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