Question

Monica is trying to lower her credit card debt and has been tracking her expenses for the past month. She identified her variable expenses in relation to her fixed expenses. Without altering her variable expenses, how much extra could she possibly put towards her credit cards?
A circle graph titled Monthly Income 2800 dollars. Variable expenses is 56 percent, fixed expenses is 36 percent, and net income is 8 percent.


a.
$1,792
b.
$1,568
c.
$224
d.
$1,008

Answer 1

Fixed expenses = 36% of $2,800.
0.36 × 2800 = $1,008.

Answer: $1,008 (d).