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?

Question

Porkchop

Mathematics

6 February, 02:45

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?

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Answers (1)

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Shyla · Answer 1

The saving amount per month is $ 735.8 And

The Expenses amount per month is $2,207.4

Step-by-step explanation:

Given as:

The total per month income = $2,943.20

The saving percentage amount per month = 25% of discretionary money

So, The saving amount per month = 25 % of $2,943.20

=.25 * $2,943.20 = $735.8

The amount which is fixed as each month expenses = total monthly income - total monthly saving

So, Expenses amount per month = $2,943.20 - $735.8

= $2,207.4

Hence The saving amount per month is $ 735.8 And The Expenses amount per month is $2,207.4 Answer