Is Yoli's budget feasible for a month, assuming a month is 30 days? How do you know?

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UpStudy AI · Accepted Answer

1. Write down the total expected expenses for one day. Let this amount be 
   $$
   D.
   $$
2. Multiply the daily expense by 30 (since a month is taken as 30 days) to get the cost of variable daily expenses over the month:
   $$
   \text{Variable Monthly Expense} = 30 \times D.
   $$
3. If Yoli also has fixed monthly expenses (for example, rent, subscriptions, etc.), denote their total by 
   $$
   F.
   $$
4. Then the total monthly expenses become
   $$
   E = 30 \times D + F.
   $$
5. Let Yoli’s monthly income be denoted by 
   $$
   I.
   $$
6. The budget is feasible if the total monthly expenses do not exceed the monthly income, meaning the following inequality must hold:
   $$
   30 \times D + F \leq I.
   $$
7. To decide whether the budget is feasible, substitute the given values into this inequality. If the inequality is true, Yoli’s budget is feasible for a month; if not, then it is not.

Thus, by calculating $$30D + F$$ and comparing it with $$I$$, you determine whether Yoli's budget is feasible.
To determine if Yoli's budget is feasible for a month (30 days), follow these steps: 1. **Calculate Daily Expenses**: Multiply Yoli's daily expenses by 30. 2. **Add Fixed Expenses**: Include any fixed monthly expenses. 3. **Compare with Income**: Ensure the total monthly expenses do not exceed Yoli's monthly income. If the total expenses are less than or equal to the income, the budget is feasible.

Is Yoli's budget feasible for a month, assuming a month is 30 days? How do you know?

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