match the following expenses with the correct category they belong in.\n|groceries|?|i. fixed|\n|magazine…
match the following expenses with the correct category they belong in.\n|groceries|?|i. fixed|\n|magazine subscription|?|ii. variable|\n|car loan payment|?|iii. periodic|\n\no i, iii, ii\n\no ii, iii, i\n\no iii, i, ii\n\no iii, ii, i
Answer
Brief Explanations:
Groceries vary in amount each time, so they are variable expenses. Magazine subscriptions are paid at regular intervals, making them periodic. Car - loan payments are the same amount each time, so they are fixed.
Answer:
B. II, III, I