ilianas gross pay is $2,130 per month. her deductions total $270. she budgets for $1,000 in fixed expenses…

ilianas gross pay is $2,130 per month. her deductions total $270. she budgets for $1,000 in fixed expenses and $400 in variable expenses. how much money will iliana be able to save?\n$270\n$460\n$730\n$860

ilianas gross pay is $2,130 per month. her deductions total $270. she budgets for $1,000 in fixed expenses and $400 in variable expenses. how much money will iliana be able to save?\n$270\n$460\n$730\n$860

Answer

Explanation:

Step1: Calculate net - pay

Net pay = Gross pay - Deductions. So, net pay = $2130 - 270=1860$.

Step2: Calculate total budgeted expenses

Total expenses = Fixed expenses+Variable expenses. So, total expenses = $1000 + 400 = 1400$.

Step3: Calculate savings

Savings = Net pay - Total expenses. So, savings = $1860-1400 = 460$.

Answer:

$460$