If you have budgeted 12% of your monthly income for groceries, how much can you spend on groceries if you earn $950 bi-weekly? a. $190 b. $2,280 c. $114 d. $228

To calculate this you would need to calculate your monthly income. Because most months are made up of around four weeks you would need to double your $950 bi-weekly (every other week) income because you get paid twice a month. This would result in a monthly income of $1,900. After this you would need to take 12% of that monthly income so multiply $1,900 by 0.12 to come up with D. $228

The answer is 326.78.