6.04 Quiz: Self Check 6
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 What is the monthly share of the annual expenses?
$148
According to the pie chart, how much do the Burtons' spend on annual expenses?
$475
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 To balance the budget, how much money must be cut from the budget?
$49
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 What are the total fixed expenses?
$661
The pie chart represents the Burtons' budget. If they have a monthly income of $2500, how much do they spend on fixed expenses? Round to the nearest dollar.
$825
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 What are the total living expenses?
$960
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 The O'Donnells' fixed expenses are what percent of their income?
38.4%
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 The O'Donnells' living expenses are what percent of their income?
55.8%
Which of the following budgets is in surplus?
Income $500, Fixed Exp. $100, Living Expenses $300
This is the O'Donnells' monthly budget. Living Expenses Fixed Expenses Annual Expenses Income Food $467 Mortgage $489 Home Insurance $146 $1720 Transportation $175 Car Payment $107 Car Insurance $780 Household $194 Savings $35 Life Insurance $150 Personal $124 Contingency $30 Vacation $700 What describes the status of the budget?
It is in deficit