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18 October, 05:05

When preparing her monthly budget, Maria Kent has projected income of $4,200. Each month she pays $1,000 in rent, $53 for life insurance, and $240 for her auto loan. What percentage of her budget goes for these fixed expenses?

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  1. 18 October, 05:17
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    The answer is %30.80

    Explanation:

    To get the total of her expenses that goes into the fixed expenses, we sum up all the fixed expenses.

    That is: $1000+$53+$240 = $1293

    1293 * 100 = 129300

    129300:4200 = %30.80
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