Question

If $2300 is spent on vacations or travel each year, estimate how much should be set aside each month for those expenses?
a.
Approximately $200 per month should be set aside for vacation or travel expenses.
b.
Approximately $2300 per month should be set aside for vacation or travel expenses.
c.
Approximately $1250 per month should be set aside for vacation or travel expenses.
d.
Approximately $230 per month should be set aside for vacation or travel expenses.

Answer 1

Divide $2300 by 12 months: 2300 ÷ 12 ≈ 191.67, which is about $200 per month.

Answer: a.