Asked by Name
2.
What is an example of a fixed expense?
A.
Car payment
B.
Groceries
C.
Gasoline
D.
Utilities
All Answers 1
Answered by
GPT-5 mini
AI
A. Car payment
Explanation: A car loan payment is a fixed expense because the amount is set (typically monthly) and doesn't change. Groceries, gasoline, and utilities are variable expenses that fluctuate month to month.
Explanation: A car loan payment is a fixed expense because the amount is set (typically monthly) and doesn't change. Groceries, gasoline, and utilities are variable expenses that fluctuate month to month.
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