question 28 (3.3 points) saved\ndetermine if the expenses listed are fixed or variable and match…

question 28 (3.3 points) saved\ndetermine if the expenses listed are fixed or variable and match accordingly.\ngroceries\ngasoline\ninsurance\n1. fixed expense\n2. variable expense\ncar payment\ncredit card payment\nquestion 29 (3.3 points) saved\nyou are developing a mid - term financial plan for the next five years. you anticipate an annual income of $43,250. your estimate living expenses for both needs and wants to be $23,555 per year, and you plan to save $10,850 annually for retirement. you also want to save for a down payment on a home and build your emergency fund. considering these figures, how much will you have left for additional savings?\nenter the dollar amount rounded to the nearest cent.

question 28 (3.3 points) saved\ndetermine if the expenses listed are fixed or variable and match accordingly.\ngroceries\ngasoline\ninsurance\n1. fixed expense\n2. variable expense\ncar payment\ncredit card payment\nquestion 29 (3.3 points) saved\nyou are developing a mid - term financial plan for the next five years. you anticipate an annual income of $43,250. your estimate living expenses for both needs and wants to be $23,555 per year, and you plan to save $10,850 annually for retirement. you also want to save for a down payment on a home and build your emergency fund. considering these figures, how much will you have left for additional savings?\nenter the dollar amount rounded to the nearest cent.

Answer

Explanation:

Step1: Identify income and expenses

Annual income = $43250$, Living expenses = $23555$, Retirement - savings = $10850$

Step2: Calculate additional savings

Additional savings = Annual income - Living expenses - Retirement - savings $=43250 - 23555-10850$ $=43250-(23555 + 10850)$ $=43250 - 34405$ $=8845$

Answer:

$8845.00$