Ask Question
Today, 18:30

Angela's monthly disposable income is $1 comma 973. She has monthly expenses of $1 comma 755 (including recreational expenses of $241 ) and net cash flow of $218 per month. Angela makes a budget based on her personal cash flow statement. In two months, she must pay $276 for tags and taxes on her car. As a result, Angela can expect to save $ 2 comma 340 in the next 12 months. Angela analyzes her personal budget and decides that she can reduce her recreational spending by $34 per month. How much will that increase her annual savings? What will her annual savings be now?

+2
Answers (1)
  1. Today, 20:23
    0
    increase ein Angela's annual savings: $408

    savings after cuts: $2,748

    Explanation:

    spending will decrease the amount saved per month times 12 month per year

    $34 recreational spending x 12 months = $408

    Angela's expected savings are 2,340 after considering this additional cut to their espending will leave her with savings for:

    $2,340 + $408 = $2,748
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Angela's monthly disposable income is $1 comma 973. She has monthly expenses of $1 comma 755 (including recreational expenses of $241 ) and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers