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Each month, Angela budgets $1340 for fixed expenses, $850 for living expenses, and $60 for annual expenses. Her annual net income is $26,760. Which
sentence best describes her monthly budget
a. it shows a deficit of $20
b. it shows a surplus of $20
c. it shows a deficit of $140
d. it is balanced

Answer :

MATTG99
Yearly budget= $26,760

Fixed expenses per month= $1340
Fixed expenses per year (1340×12) =$16,080

Living expenses per month= $850
Living expenses per year (850×12)= $10,200

Annual expenses= $60

Add ALL the expenses together.
16,080+10,200+60= £26340

Therefore her monthly budget is balanced. Shes not in deficit.

D

Her monthly budget is in balance. She is not in a deficit.

Annual budget calculation:

Annual budget [tex]=\$26,760= \$1340[/tex]

Monthly fixed costs [tex]= \$1340[/tex]

Yearly fixed costs[tex]=(1340\times 12) =\$16,080[/tex]

Monthly living expenses are[tex]= \$850[/tex]

Yearly living expenses [tex]= (850\times 12)= \$10,200[/tex]

Annual expenditures [tex]= \$60[/tex]

Add all of your expenses together.

[tex]\to 16,080+10,200+60= \$26340[/tex]

As a result, her monthly budget is in balance. She is not in a deficit.

Therefore, the final answer is "Option d".

Find out more information about the annual expenses here:

brainly.com/question/26383826

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