a personal monthly budget contains both fixed and variable expenses. which is considered a variable…

a personal monthly budget contains both fixed and variable expenses. which is considered a variable expense?\nlife insurance premiums.\nrent.\ncar loan payments.\nfood.

a personal monthly budget contains both fixed and variable expenses. which is considered a variable expense?\nlife insurance premiums.\nrent.\ncar loan payments.\nfood.

Answer

Brief Explanations:

Fixed expenses remain the same each month. Life insurance premiums, rent, and car - loan payments are typically fixed amounts. Food expenses can vary based on eating habits, number of meals out, etc.

Answer:

Food