Question

The Browns used records of their past expenditures to complete their budget sheet for the upcoming new year. If their monthly living expenses averaged $617, their fixed monthly expenses averaged $1,108, and their monthly share of annual expenses averaged $318. What amount should they expect to spend monthly?​

Answer 1

Total amount spend per month = $2,043

Explanation:

Given:

Average monthly living expenses = $617

Average monthly fixed expenses = $1,108

Monthly share of annual expenses = $318

Find:

Total amount spend per month

Computation:

Total amount spend per month = Average monthly living expenses + Average monthly fixed expenses + Monthly share of annual expenses

Total amount spend per month = $617 + $1,108 + $338

Total amount spend per month = $2,043