191k views
4 votes
Sarah is paying off a student loan at the rate of $900 per year. Fixed expenses:

User SpoonerNZ
by
7.9k points

1 Answer

2 votes

Incomplete question. I inferred you want explanations about what are fixed expenses.

Step-by-step explanation:

In accounting, the term fixed expenses apply to expenses that do not change for a considerable period of time. In other words, these expenses are fixed in nature. These expenses for example may include; rent payments, mortgage payments, insurance payments, and utility expenses (electricity bills and phone bills, etc).

User JC Sama
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.