debra will attend a 2 - year college, and she is planning her budget. answer the following. (a) below is an…

debra will attend a 2 - year college, and she is planning her budget. answer the following. (a) below is an estimate of all her expenses and sources of funding for her 2 - year college education. for each, select whether it is an expense or a source of funding. transportation: $2540, tuition and fees: $7060, student loans: $9240, books and supplies: $2140, housing and food: $14,740, personal expenses: $1840, savings: $8720, work - study (part - time job): $10,840. (b) what is the total of her estimated expenses? $ . (c) what is the total of her estimated funding? $ . (d) can debra expect to have enough money for her education? how much is the difference? yes. she will have $ more than she needs. no. she will need an additional $ .

debra will attend a 2 - year college, and she is planning her budget. answer the following. (a) below is an estimate of all her expenses and sources of funding for her 2 - year college education. for each, select whether it is an expense or a source of funding. transportation: $2540, tuition and fees: $7060, student loans: $9240, books and supplies: $2140, housing and food: $14,740, personal expenses: $1840, savings: $8720, work - study (part - time job): $10,840. (b) what is the total of her estimated expenses? $ . (c) what is the total of her estimated funding? $ . (d) can debra expect to have enough money for her education? how much is the difference? yes. she will have $ more than she needs. no. she will need an additional $ .

Answer

Explanation:

Step1: Identify expenses

Expenses are costs incurred for education. Transportation ($2540), tuition and fees ($7060), books and supplies ($2140), housing and food ($14740), personal expenses ($1840) are expenses.

Step2: Calculate total expenses

Add up all expense amounts: $2540 + 7060+2140 + 14740+1840=28320$.

Step3: Identify funding sources

Student loans ($9240), savings ($8720), work - study ($10840) are funding sources.

Step4: Calculate total funding

Add up all funding amounts: $9240+8720 + 10840=28800$.

Step5: Compare funding and expenses

Subtract total expenses from total funding: $28800 - 28320 = 480$. Since the result is positive, she has enough money.

Answer:

(b) $28320 (c) $28800 (d) Yes. She will have $480 more than she needs.