1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olegator [25]
3 years ago
10

Rogério, a graphic artist, after paying all the expenses in his monthly budget, has a monthly net cash flow of $248. He has deci

ded to add monthly savings to his budget in order to cover his health insurance co-pays and other expenses that come at odd times as listed below:
Predictable Expense Amount
Medical exams, lab co-pays, health insurance co-pays $640 every year
Auto maintenance $35 per quarter
Auto registration $225 per year

If Rogério leaves the cash flow in the checking account for all needs that arise, he runs the risk of not having the money for these very important future expenses. He has decided to make an automatic monthly transfer from his checking account to his savings accounts to cover these other predictable expenses. How can he divide these future expenses into a monthly deposit that can be added to his monthly budget. How much will be left over each month that can be deposited into a general emergency fund?

a. $75 future expenses; $173 emergency fund
b. $248 future expenses; $0 emergency fund
c. $83.75 future expenses; $164.25 emergency fund
d. $128.34 future expenses; $119.66 emergency fund
Mathematics
2 answers:
alex41 [277]3 years ago
9 0

The correct answer would be C.

never [62]3 years ago
4 0

Solution:

Monthly net cash flow of Rogerio=$ 248

Total cash flow in a year =$248 × 12=$ 2976

Predictable Expense Amount  

Medical exams, lab co-pays, health insurance co-pays $640 every year  

Auto maintenance $35 per quarter  

Auto registration $225 per year

Total Expense = $ 640 + $ 35 × 4 +$ 225

                          = $ 640 + $140+ $ 225

                           = $ 1005

Balance left in Rogerio Account after Expenses= $ 2976 - $1005

                                                =  $1971

Money left in Rogerio account after each month for emergency fund = \frac{1971}{4}=164.25$

Total income = $ 248

Money for future expenses= $ 248 - $ 164.25= $ 83.75

Option c. $83.75 future expenses; $164.25 emergency fund

   


You might be interested in
Pleaseeeeeeeee answer if you do your the best at life!!!!!
jenyasd209 [6]

x+(-8)= -12

x-8= -12

x= -12+8

x=-4

-3 + x = 10

x=10+3

x=13

-2+x= -5

x=-5+2

x=-3

4 0
2 years ago
Read 2 more answers
Whats a good estimate of the tip
Sonbull [250]
It depends on how good the service was. it the service was really bad or just bad than maybe 2$, if the service was ok 5$ and finally if the service was extremely good and everything was just the way you like it then I would say tip 10$-20$
5 0
3 years ago
Read 2 more answers
Pls help me I’m failing math
maw [93]

Answer:

0.95p and 1 *0.95p

Step-by-step explanation:

6 0
2 years ago
Solve -Q=1/2p+15,for p
alukav5142 [94]
P=-2Q-30 is the answer
4 0
3 years ago
Read 2 more answers
Help me get the answer
lukranit [14]

Answer:

1. 47.3

2. 7/9

Step-by-step explanation:

100-52.7=47.3

2/9+7/9= 9/9 which is 1

4 0
3 years ago
Other questions:
  • a stocks starting price per share is $51.47 at the beginning of the week. During the week, the price changes by gaining $1.22, t
    7·1 answer
  • swame and luigi were printing calendars swame used 21/2 cartridge, while luigi used 1 3/4 ink cartridges. how many more ink cart
    9·1 answer
  • Colton was given a box of assorted chocolates for his birthday. Each night, Colton treated himself to some chocolates. There wer
    14·2 answers
  • The steps to figuring this problem out 9x+3=8x^2+6x
    5·1 answer
  • What Is The Surface Area Of this triangular prism? The Base Of Each Triangle 42m And the height of the triangular base is 20m. (
    5·1 answer
  • Pls help it is due today
    13·2 answers
  • I need the answers for both a and b so thats why 61 points are up for grab
    11·1 answer
  • What is x 4x+2 plz help
    6·2 answers
  • The measures of three angles in a triangle are as follows:
    15·2 answers
  • Beth gets a sum of 5 when she rolls two fair number cubes. What is the probability that one of the fair number cubes is a 1?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!