Question

While reviewing his budget, Andre calculated his variable and total expenses for last month:

variable expenses: $2,863.09
total expenses: $4,630.16

Write the expense equation to represent Andre’s fixed expenses. Don’t include the $ symbol.

Answer 1

Total expenses = Fixed expenses + Variable expenses

Total expenses - Variable expenses = Fixed expenses

4,630.16 - 2,863.09 = Fixed expenses

1,767.07 = Fixed expenses

Fixed expenses = 1,767.07