7
AssignmentMultiple Choice

Budgeting

Question 7 • Personal Finance - EL3403

The table on the left shows Tokuji's monthly budget. He has just learned that his rent will be increasing to $310. He also has a new short-term goal of saving $100 this month.Based on the above changes, how should he adjust his discretionary spending?

Answer
A
Lower it by $30.
B
Lower it by $10.
C
Raise it by $10.
D
Raise it by $30.
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