Question

The table to the right shows expenses and income for an individual. Find the net monthly cash flow (it could be negative or positive). Assume that salaries and wages are after taxes, ncome and assume 1 month 4 weeks Expenses month Rent ary Grocenes: $100/week Utilties: $115 month Health insurance: S380 semiannually Car insurance: $440 semiannually Gasoline. $40/week Miscelaneous: $430/month Phone: $90/month The net monthly cash flow is Round to the neerest doller as needed.)

Answer 1

2. 335

Answer 2

The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it could be positive or negative). Assume salaries and wages are after taxes. When you need to convert between weeks and months, assume that 1 month=4 weeks.

IncomePart-time job: $600/monthCollege fund from grandparents: $450/monthScholarship: $6000/year

ExpensesRent: $500/monthGroceries: $60/weekTuition and fees: $3000 twice a yearIncidentals: