Question

The arenas pay for two cars every month they pay $250 for Miss Herrera's car and 375 for Mr. editor struck what kind of expense is a car payment made each month

Answer 1

For the Arenas, the payments they make for Miss Herrera's car and Mr. Editor's truck are fixed expenses because they must be paid on a regular basis in order to maintain ownership of the vehicles. These payments are made regardless of any changes in the Arenas' income or financial situation, and they are not easily adjustable.