PLEASE HELP, WILL GIVE BRAINLEST!!!

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?

Be sure to include in your response:
- the answer to the original question
- the mathematical steps for solving the problem demonstrating mathematical reasoning

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

ellie123123 ellie123123 · Answer 2 · 2022-03-30T05:42:21+02:00

ellie123123 ellie123123

30-03-2022

Answer:

386.68

Step-by-step explanation:

fixed expenses= 1396.47

realized income- fixed expenses

2943.20 - 1396.47 = 1,546.73

1,546.73 x .25 = 386.68

I found the fixed expenses by taking all of the consistent bills such as mortgage, cell phone, water and electric, property taxes (divided by 6 because its every 6 months), and car insurance (divided by 3 because it quarterly 12 divided by 4 equals 3)

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