Mathematics, 05.04.2020 11:25 dm21930

Mortgage (monthly)
$985.64
Cell phone (monthly)
$58.30
Groceries (twice a month)
$154.00
Clothing (monthly with 25% job-related)
$180.00
Water & electric (monthly)
$128.40
Weekly dinner & movie
$55.00
Property taxes (6 months)
$684.80
Car insurance (quarterly)
$330.00
Your realized income is $2,943.20/month. How much are your fixed expenses each month? How much could you save per month if you take 25% of your discretionary monies and put it in a savings account?V

Answers: 1

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Answer from: rosehayden21

Amount you could save per month if you take 25% of your discretionary monies and put it in a savings account is $209.68

Step-by-step explanation:

Expense Amount Per Month Expenses

Mortgage (monthly) $985.64 $985.64

Cell phone (monthly) $58.30 $58.30

Groceries (twice a month) $154.00 $308.00

Clothing (monthly with $180.00 $180.00

25% job–related )

Water & electric (monthly) $128.40 $128.40

Weekly dinner & movie $55.00 $220.00

Property taxes (6 months) $684.80 $114.133

Car insurance (quarterly) $330.00 $110.00

Groceries multiplied by 2 as you buy them twice a month. Dinner and movie on weekly basis, so you multiply it by 4. Car Insurance you pay for 4 quarters. 1 quarter has 3 months so, you divide 330 by 3, to find the amount paid per month. Rest of the data is monthly expense.

So, your total fixed expense per month = $ 2104.473.

Discretionary income = Income - Expense.

Discretionary income = $ 2,943.20 - $ 2104.47

= $ 838.73

Now, you are saving 25% of the discretionary income into your account. So, 25 % of $838.73 is your saving

Amount you could save = 25 % of $838.73

= 0.25 x $838.73

= $209.68

Answer from: Quest

Which of the following values are in the range is the function graphed below? check all that applya.3b.1c.0d.-2e.5f.2a

Answer from: Quest

f(x)=2/3x+4/3 is the answer because is whose power in the senate is equal to the power of the speaker of the house?

step-by-step explanation:

Can someone explain how to do this? i don't understand why f(x) = 2/3x + 4/3 is an answer

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Mortgage (monthly)
$985.64
Cell phone (monthly)
$58.30
Groceries (twice a mo...