read the scenario and decide if it describes a fixed or variable expense. laticia moved into her own…
read the scenario and decide if it describes a fixed or variable expense. laticia moved into her own apartment last year, and she loves living on her own. she sees it as a priority to pay her rent on time every month. fixed expense variable expense
Answer
Brief Explanations:
Fixed expenses are consistent amounts paid regularly. Rent is typically the same amount each month and is a recurring payment, so it's a fixed expense.
Answer:
Fixed Expense