First, let's calculate the total monthly expenses:
Electricity bill (bimonthly): $320 * 2 = $640
Phone bill: $240
Cable television: $260
Total monthly expenses: $640 + $240 + $260 = $1,140
Next, let's calculate the total annual expenses for the property:
Property tax: $3,600
Now, let's calculate the total expenses for the year:
Total monthly expenses: $1,140 * 12 = $13,680
Total annual expenses: $13,680 + $3,600 = $17,280
Since there are 3 members in the family, each member should contribute equally to the expenses:
Total monthly contribution per member: $17,280 / 12 / 3 = $480
Therefore, each member should contribute $480 per month to cover the expenses evenly.
The 3 members of a family decide to share the expenses generated at home: the bimonthly electricity bill reaches $320; the phone bill of $240 per month; the cable television $260 monthly and the property is $3,600 annually. How much money do you It is up to each member to contribute monthly, if the expenses are distributed evenly. equitable?
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