using the table, what are your total monthly fixed expenses?\nexpense\tamount\nrent payment\t$953.20 per…

using the table, what are your total monthly fixed expenses?\nexpense\tamount\nrent payment\t$953.20 per month\nauto payment\t$165.87 per month\ntelephone\t$56.98 per month\nauto insurance\t$714.36 every six months\nonce - a - week outing\t$35.00 per week\nround to the nearest penny.

using the table, what are your total monthly fixed expenses?\nexpense\tamount\nrent payment\t$953.20 per month\nauto payment\t$165.87 per month\ntelephone\t$56.98 per month\nauto insurance\t$714.36 every six months\nonce - a - week outing\t$35.00 per week\nround to the nearest penny.

Answer

Explanation:

Step1: Calculate monthly auto - insurance

Since auto - insurance is $714.36 every six months, the monthly amount is $\frac{714.36}{6}=119.06$.

Step2: Calculate monthly outing cost

Since the outing is $35 per week, and there are approximately 4 weeks in a month, the monthly outing cost is $35\times4 = 140$.

Step3: Sum up all monthly fixed expenses

Add rent ($953.20), auto - payment ($165.87), telephone ($56.98), monthly auto - insurance ($119.06), and monthly outing cost ($140). $953.20+165.87 + 56.98+119.06+140=1435.11$

Answer:

$1435.11$