Question

How much are your fixed expenses for the month?

Answer 1

Answer:

The correct answer is B. $1,250.95.

Step-by-step explanation:

Given that I have monthly mortgage expenses for $ 897.00 / month, clothing for $ 96.00 / month, food and restaurants for $ 56.00 / week, and telephone for $ 33.95 / month, to determine how much are my fixed expenses for the month, the following calculation must be performed:

897 + 96 + (56 x 4) + 33.95 = X

897 + 96 + 224 + 33.95 = X

1,250.95 = X

So, my fixed expenses for the month are $ 1,250.95.