When preparing her monthly budget, marge kent has a total spending allowance of $4,600. each month she pays $1,200 in rent, $60 for cable television and internet service, and $240 for her auto loan. what percentage of her budget goes for these fixed expenses? 6 percent 12 percent 27 percent 33 percent 40 percent?

Question

Jeffrey Deleon

Business

10 January, 17:15

When preparing her monthly budget, marge kent has a total spending allowance of $4,600. each month she pays $1,200 in rent, $60 for cable television and internet service, and $240 for her auto loan. what percentage of her budget goes for these fixed expenses? 6 percent 12 percent 27 percent 33 percent 40 percent?

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Kaitlin Brady · Answer 1

The rent, cable bill, and auto loan are fixed expenses that add up to $1500. $1500 divided by the $4600 total that she has is. 326 so Margie spends about 33% of her budget on these fixed expenses. That is about one third of her total budget going to fixed expenses.