Answer:
[tex]y = 3600 * 12[/tex]
Step-by-step explanation:
Given: Breakdown of Monthly Budget
Required
Determine the equation that shows minimum earnings in a year
First, we need to get the sum of the given list of budgets:
[tex]Budget = 870 + 550 + 375 + 480 + 400+235+400 + 290[/tex]
[tex]Budget = 3600[/tex]
The are 12months in a a year; So, the yearly budget (y) is:
[tex]Yearly\ Budget = Monthly\ Budget * Duration[/tex]
[tex]Yearly\ Budget = 3600* 12[/tex]
i.e.
[tex]y = 3600 * 12[/tex]