using the table, what are your total monthly fixed expenses? expense amount rent payment $953.20 per month…

using the table, what are your total monthly fixed expenses? expense amount rent payment $953.20 per month auto payment $165.87 per month telephone $56.98 per month auto insurance $714.36 every six months once - a - week outing $35.00 per week round to the nearest penny. $ per month

using the table, what are your total monthly fixed expenses? expense amount rent payment $953.20 per month auto payment $165.87 per month telephone $56.98 per month auto insurance $714.36 every six months once - a - week outing $35.00 per week round to the nearest penny. $ per month

Answer

Explanation:

Step1: Convert auto - insurance to monthly

Since auto - insurance is $714.36$ every six months, the monthly amount is $\frac{714.36}{6}=119.06$.

Step2: Convert weekly outing to monthly

Since there are approximately 4 weeks in a month, the monthly amount for the once - a - week outing is $35\times4 = 140$.

Step3: Sum up all monthly expenses

The rent is $953.20$, auto payment is $165.87$, telephone is $56.98$, auto - insurance (monthly) is $119.06$ and outing (monthly) is $140$. The total monthly fixed expenses are $953.20+165.87 + 56.98+119.06+140$ $=1435.11$.

Answer:

$1435.11$