Question

ASAP. HELP WITH THIS CAREER BUDGET.

I don’t understand the subject, and i need help doing this part of the assignment.

The yearly income is $48.500.
Monthly is $4.041,66.

Thank you.

I’ll rate your answer as the brainliest level if you can help me.

Answer 1

The given information is explained below.

Explanation:

There are two types of expenses. One is Fixed expense and the other is variable expense. Fixed expense are those for which you have to pay a fixed amount over a period of time, whereas variable expenses are the ones that changes in a given period of time.

Now categorizing the information on the basis of fixed and variable expenses below as:

Fixed Expenses:

Housing, School Loan Payments, Cable/Internet, Health and Personal Insurance.

These expenses are fixed in every period of time.

Variable Expenses:

Utilities, Transportation, Groceries, Entertainment, Clothing, Phone, Gifts, Savings.

These expenses may change from one period of time to another depending upon the needs in that period.

Learn more about Expenses at:

https://brainly.com/question/4085089

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