Tamari has a monthly income of $4,250 and she wants to determine her monthly net income. She calculates that her fixed expenses are $1,955 and her variable expenses are 28% of her monthly income. How much is Tamari's monthly net income? a. $1,105 b. $2,295 c. $1,190 d. $3,060

Question

Azul Powers

Mathematics

22 September, 11:58

Tamari has a monthly income of $4,250 and she wants to determine her monthly net income. She calculates that her fixed expenses are $1,955 and her variable expenses are 28% of her monthly income. How much is Tamari's monthly net income? a. $1,105 b. $2,295 c. $1,190 d. $3,060

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Judith Mooney · Answer 1

By taking the monthly income and multiplying it by the 28% for the variable expenses (1190) and adding this to the fixed expenses (1955) then subtract from the monthly income (4250) ... you end up with a net income of a) 1105