Question 8: Stacy’s additional monthly expenses are as follows:

Question

$100 cell phone
$70 internet
$100 transportation (gas)
$50 subscriptions (Netflix, etc)
$150 utilities (electricity and water)
$300 groceries/going out to eat
$300 car payment

Now that we know Stacy’s rent ($1200), amount/savings, required/options deductions and her monthly expenses, how much of Stacy’s monthly income is left?

Answer 1

To determine how much of Stacy's monthly income is left after her expenses and deductions, we need to calculate her total monthly expenses, add them to her rent, and subtract that amount from her income.

Stacy's monthly expenses:

• Cell phone: $100
• Internet: $70
• Transportation (gas): $100
• Subscriptions (Netflix, etc): $50
• Utilities (electricity and water): $150
• Groceries/going out to eat: $300
• Car payment: $300

Now, let's sum these expenses:

\[ 100 + 70 + 100 + 50 + 150 + 300 + 300 = 1070 \]

Now we add her rent:

\[ 1070 + 1200 = 2270 \]

This means Stacy's total monthly expenses (including rent) are $2270.

Next, we need to know Stacy's monthly income (which is not provided in the question). However, if we assume you have that income number, let's call it \( I \).

Finally, the amount left after all expenses would be:

\[ I - 2270 \]

If you provide Stacy's total monthly income, we can calculate the remaining amount.