Question

mya has the monthly expenses shown. fixed expenses: rent $1,200.50, car payment $350.25, variable expense: utilities $150.75, discretionary expenses: dining out $75.50, entertainment $50.25, miscellaneous shopping $100.75. how much does mya spend in total on all of her expenses for the month? $1,877.50, $2,027.50, $1,928.00, $1,901.25

Explanation:

Step1: List all expense amounts

Fixed Expenses: $1,200.50, Car payment: $350.25, Variable Expense: $150.75, Utilities: $150.75, Discretionary Expenses: $75.50, Dining out: $75.50, Entertainment: $50.25, Miscellaneous shopping: $100.75

Step2: Sum up all expenses

$1200.50 + 350.25+150.75 + 150.75+75.50+75.50+50.25+100.75$
$=(1200.50+350.25)+(150.75 + 150.75)+(75.50+75.50)+(50.25+100.75)$
$=1550.75+301.5+151+151$
$=1852.25+151+151$
$=2003.25+151$
$= 2027.50$

Answer:

$2,027.50$