Rent is $978. Phone charges last month were $54.89. Groceries cost about $93/ week. What is a good estimate of your monthly expenses? (1 point) Responses $1,126.00 $1,126.00 $1,100.00 $1,100.00 $1,433.00 $1,433.00 $1,405.00

Answer 1

To estimate your monthly expenses, we can break down the costs and then sum them up:

1. Rent: $978
2. Phone charges: $54.89
3. Groceries: $93/week * 4 weeks = $372

Now, let's add these expenses together:

• Rent: $978
• Phone charges: $54.89
• Groceries: $372

Now sum these amounts:

\[ 978 + 54.89 + 372 = 1,404.89 \]

Rounding this to a more manageable figure gives us approximately $1,405.

So, the best estimate of your monthly expenses is $1,405.00.