Each month, Angela budgets $1340 for fixed expenses, $850 for living expenses, and $60 for annual expenses. Her annual net income is $26,760. Which

sentence best describes her monthly budget

a. it shows a deficit of $20

b. it shows a surplus of $20

c. it shows a deficit of $140

d. it is balanced

Question

Raquel Bentley

Mathematics

9 May, 22:17

Each month, Angela budgets $1340 for fixed expenses, $850 for living expenses, and $60 for annual expenses. Her annual net income is $26,760. Which

sentence best describes her monthly budget

a. it shows a deficit of $20

b. it shows a surplus of $20

c. it shows a deficit of $140

d. it is balanced

+5

Answers (1)

Know the Answer?

Malia · Answer 1

Yearly budget = $26,760

Fixed expenses per month = $1340

Fixed expenses per year (1340*12) = $16,080

Living expenses per month = $850

Living expenses per year (850*12) = $10,200

Annual expenses = $60

Add ALL the expenses together.

16,080+10,200+60 = £26340

Therefore her monthly budget is balanced. Shes not in deficit.

D

Each month, Angela budgets $1340 for fixed expenses, $850 for living expenses, and $60 for annual expenses. Her annual net income is $26,760. Whichsentence best describes her monthly budgeta. it shows a deficit of $20b. it shows a surplus of $20c. it shows a deficit of $140d. it is balanced