214k views
4 votes
The fixed expenses are what percent of Monica's income?

A)29.9%
B)30.1%
C)32.5%
D)33.6%


The fixed expenses are what percent of Monica's income? A)29.9% B)30.1% C)32.5% D-example-1

2 Answers

6 votes

Answer:

33.6

Explanation:

just took the test and i got it right

User Jody
by
4.6k points
4 votes

Answer: D) 33.6%

=====================================================

Work Shown:

Fixed expenses include rent ($200) and contingency ($20) giving a total of 200+20 = 220 dollars. Her income is $655.

Divide the two values to get 220/655 = 0.335878 approximately

This rounds to 0.336

Move the decimal point 2 spots to the right to convert that to 33.6%

Roughly 33.6% of Monica's income is for fixed expenses.

User Noor Dawod
by
4.7k points