The Pacheco family has a monthly income of $7,300. They have monthly fixed expenses of $3,280. In July, they had monthly variable expenses of $2,620. They have annual expenses totaling $14,000. What was the Pacheco's cash flow for July?

Question

Mathematics

Kash Crane

24 September, 18:22

The Pacheco family has a monthly income of $7,300. They have monthly fixed expenses of $3,280. In July, they had monthly variable expenses of $2,620. They have annual expenses totaling $14,000. What was the Pacheco's cash flow for July?

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Answers (1)

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Jamiya · Answer 1

The July's cashflow will be given as follows:

July's income=$3280

Monthly expense=$2620

Thus the cash flow will be given by:

Cashflow=3280 + (2620)

=3280-2620

=$660

Answer: $660