Question

Using the information provided in the given table, determine how much monthly income would be necessary to budget in order to cover the expenses of attending a local college for the 9-month academic year. Round your answer to the nearest cent, if necessary.

Answer 1

We have to add all the annual expenses:

`9122+10612+1109+732+1092+1197+132`
`=23,996`

However, this quantity we obtained are the annual expenses, then, we have to divide them by the months of the academic year:

`(23996)/(9)`
`=2666.22`

Answer: $2,666.22