Each month, edward budgets $1860 for fixed expenses, $860 for living expenses and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget?

It shows a deficit of $180

It shows a surplus of $261

It shows a deficit ot $261

It is balanced

Question

Mathematics

Creedence

18 April, 10:18

Each month, edward budgets $1860 for fixed expenses, $860 for living expenses and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget?

It shows a deficit of $180

It shows a surplus of $261

It shows a deficit ot $261

It is balanced

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Answers (1)

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Jace Charles · Answer 1

Edward's monthly expenses total 2970. Edward's monthly income amounts to 2709, an amount that is 261 less than his expenses.

The best description of Edward's monthly budget is that ...

It shows a deficit of $261.

Each month, edward budgets $1860 for fixed expenses, $860 for living expenses and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget?It shows a deficit of $180It shows a surplus of $261It shows a deficit ot $261It is balanced

Each month, edward budgets $1860 for fixed expenses, $860 for living expenses and $250 for annual expenses. His annual net income is $32,508. Which statement best describes his monthly budget?

It shows a deficit of $180

It shows a surplus of $261

It shows a deficit ot $261

It is balanced