Answer:
Car: 18.4% Other: 4.9%
Step-by-step explanation:
Glenn family yearly total expenses are
[tex]\$8,600+\$4,800+\$5,400+\$2,400+\$7,000+\$1,800=\$30,000[/tex]
Other expenses are $7,000.
The payments for the new car are: $375.00 per month and the insurance for the new car $85.00 per month, in total, $460 per month. Yearly expenses for car are
[tex]\$460\cdot 12=\$5,520[/tex]
Now, the expenses for the following two categories are
Car - $5,520
Other - $7,000 - $5,520 = $1,480
Percentage:
Car:
[tex]\dfrac{5,520}{30,000}\cdot 100\%=18.4\%[/tex]
Other
[tex]\dfrac{1,480}{30,000}\cdot 100\%\approx 4.93\%[/tex]