A 12 month project had a total budget of $24,000. After seven months, the project had spent $12,500. At this point, how much was the project under budget?  Choose the correct choice from the following
A) $1500  B) $1600  C) $1700  D) $1800  E) $1900
Each month, the project should spend $24,000 / 12 = $2000.   In 7 months, the project should spend 7*$2000=$14,000.   The project is under budget by $14,000 - $12,500 = $1500.   The answer is $1500.
<result>A</result>
A 12 month project had a total budget of $24,000. After seven months, the project had spent $12,500. At this point, how much was the project under budget?