Question

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? Explain.

a. it shows a deficit of $20
b. it shows a surplus of $20
c. it shows a deficit of $140
d. it is balanced

Answer 1

1340+850=2190*12=26,280+60=26,340
27,760-26,340=$1420

Answer 2

Hey there
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The correct answer is
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

Angela monthly budget is balanced

So the answer is d
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HOPE THIS HELPS you