Problem

SOLVE MONEY PROBLEMS 6. Budgets Hiroko earns \( \$ 2,000 \) a month. Her monthly expenses are about \( \$ 1,850 \), leaving \( \$ 150 \) for savings. She now has \( \$ 1,000 \) in her emergency savings account and another \( \$ 300 \) in an account for a new computer. Hiroko has been offered a job that will pay her an extra \( \$ 200 \) a month, but she will need to buy a car to travel to the new job. Analyze What financial factors should Hiroko consider as she decides whether to accept the job?

Solution

Step 1 :Calculate the current monthly savings: \( 2000 - 1850 = 150 \)

Step 2 :Calculate the new monthly savings with the job offer: \( 2000 + 200 - 1850 = 350 \)

Step 3 :Analyze the difference in savings and additional expenses for the car, such as loan repayments, insurance, and maintenance

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