Which statements describe a fixed expense? Select all that apply.

Question

A. Frankie pays $10 a month for a music streaming service.
B. Jorge earns $5 every week in allowance whether he does his chores or not.
C. Peter’s cell phone bill varies each month based on how many texts he sends.
D. Sasha’s rents her condo for $800 every month.

Answer 1

A. Frankie pays $10 a month for a music streaming service.

D. Sasha rents her condo for $800 every month.

Both of these statements describe a fixed expense as they are paying a set amount each month without any variation based on usage or other factors.