Web Analytics

Each month, Angela budgets $1340 for fixed expenses, $850 for living expenses, and $60 for annual expenses. Her annual net income is $26,760. Which

sentence best describes her monthly budget

Ait shows a deficit of $20
Bit shows a surplus of $20
Cit shows a deficit of $140
Dit is balanced

Verified Answer :

Yearly budget= $26,760

Fixed expenses per month= $
1340
Fixed expenses per year (1340×12) =$16,080

Living expenses per month= $
850
Living expenses per year (850×12)= $10,200

Annual expenses= $
60

Add ALL the expenses together.
16,080+10,200+60= £26340

Therefore her monthly budget is balanced. Shes not in deficit.

D

Her monthly budget is in balance. She is not in a deficit.

Annual budget calculation:

Annual budget \(=\$26,760= \$1340\)

Monthly fixed costs \(= \$1340\)

Yearly fixed costs\(=(1340\times 12) =\$16,080\)

Monthly living expenses are\(= \$850\)

Yearly living expenses \(= (850\times 12)= \$10,200\)

Annual expenditures \(= \$60\)

Add all of your expenses together.

\(\to 16,080+10,200+60= \$26340\)

As a result, her monthly budget is in balance. She is not in a deficit.

Therefore, the final answer is "Option d".

Find out more information about the annual expenses here:

brainly.com/question/26383826