Rent is $1,258. Phone charges last month were $46.88. Groceries cost about $115/week. What is a good estimate of your monthly expenses?

Question

(1 point)
Responses

$1,460.00
$1,460.00

$1,577.00
$1,577.00

$1,807.00
$1,807.00

$1,765.00

Answer 1

To estimate your monthly expenses, you need to add up your rent, phone charges, and groceries.

1. Rent: $1,258
2. Phone charges: $46.88
3. Groceries: $115/week × 4 weeks = $460

Now, let's add them together:

• Rent: $1,258
• Phone charges: $46.88
• Groceries: $460

Total expenses = $1,258 + $46.88 + $460 = $1,764.88

Rounding that to the nearest dollar gives you approximately $1,765.

So, the best estimate of your monthly expenses is $1,765.00.