9
QuizMultiple Choice

Personal Finances

Question 9 • LVA - Mathematical Modeling - Spring

Household Medical Entertainment Loans InsurancePersonal Misc. $1,250$231.10$85.55$62.35$326.12$93.21$250.12$78.31Totals:$1,481.10$85.55$62.35$326.12$93.21$250.12$78.31You recorded the actual expenses you incurred for a previous month in the above table. Determine your monthly budget based on the expenses given.

Answer
A
$2,298.45
B
$2,376.76
C
$2,205.24
D
$1,879.12

Explanation

Add the amounts in the Totals row: $1,481.10 + $85.55 + $62.35 + $326.12 + $93.21 + $250.12 + $78.31 = $2,376.76. The monthly budget is $2,376.76, which is choice B.

AI-written and checked against the verified answer.

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