MATH SOLVE

2 months ago

Q:
# The Pacheco family has a monthly income of $7,300 . They have monthly fixed expenses of $3,280. In July, they had monthly variable expenses of $2,620. They have annual expenses totaling $14,000. What was the Pacheco’s cash flow for July?

Accepted Solution

A:

The July's cashflow will be given as follows:

July's income=$3280

Monthly expense=$2620

Thus the cash flow will be given by:

Cashflow=3280+(2620)

=3280-2620

=$660

Answer: $660

July's income=$3280

Monthly expense=$2620

Thus the cash flow will be given by:

Cashflow=3280+(2620)

=3280-2620

=$660

Answer: $660