A project scheduled to be carried out over a single fiscal year has a budget of $18,000, divided into 12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $6500. By how much was the project over its budget?
Answers
A) $500	B) $540	C) $1,050	D) $1,380	E) $1,430
Difficulty level: 600   Each month's budget = 18000/12= 
<gadget id="calculator">18000/12</gadget>
<output>1_500</output>
1500   Budget for 4 months= 4*1500= 
<gadget id="calculator">4*1500</gadget>
<output>6_000</output>
6000   $500ctual amount spent= 6500   $500mount spent over the budget = 6500 - 6000= 
<gadget id="calculator">6500 - 6000</gadget>
<output>500</output>
500   $500nswer ($500),   Regards,
<result>A</result>
A project scheduled to be carried out over a single fiscal year has a budget of $18,000, divided into 12 equal monthly allocations. At the end of the fourth month of that fiscal year, the total amount actually spent on the project was $6500. By how much was the project over its budget?