18. The average monthly budget for Camille and Zohan is shown. Camille Zohan INCOME (S) 4100 3900 Total EXPENSES (S) Fixed Expenses mortgage and property tax house insurance Variable Expenses (Average) groceries electricity heating 570 42 98 car insurance 211 175 475 water 33 life insurance long-term savings RRSPS (10% of income) 46 telephone Internet 500 30 cable television gasoline clothing home repair account charities entertainment 61 200 200 200 50 200 vacation account 150 gift account Total Variable 100 Total Fixed 3208 a) What is the total of Camille and Zohan's variable expenses? b) What is the total of all of their expenses? c) What is the balance of this month's budget? a. a) $2113 b) $5321 c) $2679 b. a) $2113 b) $3208 c) $4792 a) $5321 b) $5321 c) $2679 d. a) $2113 b) $13 321 c) $4792 C.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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18. The average monthly budget for Camille and Zohan is shown.
INCOME ($)
4100
Camille
Zohan
3900
Total
EXPENSES (S)
Fixed Expenses
mortgage and property tax
house insurance
Variable Expenses (Average)
570
groceries
electricity
heating
42
98
car insurance
211
175
33
life insurance
| long-term savings
RRSPS (10% of income)
475
water
46
telephone
Internet
500
30
cable television
61
gasoline
clothing
home repair account
200
200
200
charities
50
entertainment
vacation account
200
150
gift account
100
Total Fixed
3208
Total Variable
a) What is the total of Camille and Zohan's variable expenses?
b) What is the total of all of their expenses?
c) What is the balance of this month's budget?
a. a) $2113
b) $5321
c) $2679
b. a) $2113
b) $3208
c) $4792
c. a) $5321
b) $5321
c) $2679
d. a) $2113
b) $13 321
c) $4792
Transcribed Image Text:18. The average monthly budget for Camille and Zohan is shown. INCOME ($) 4100 Camille Zohan 3900 Total EXPENSES (S) Fixed Expenses mortgage and property tax house insurance Variable Expenses (Average) 570 groceries electricity heating 42 98 car insurance 211 175 33 life insurance | long-term savings RRSPS (10% of income) 475 water 46 telephone Internet 500 30 cable television 61 gasoline clothing home repair account 200 200 200 charities 50 entertainment vacation account 200 150 gift account 100 Total Fixed 3208 Total Variable a) What is the total of Camille and Zohan's variable expenses? b) What is the total of all of their expenses? c) What is the balance of this month's budget? a. a) $2113 b) $5321 c) $2679 b. a) $2113 b) $3208 c) $4792 c. a) $5321 b) $5321 c) $2679 d. a) $2113 b) $13 321 c) $4792
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