ActivateUse free at Ottice.comLesson 5: BudgetingCalculate the average monthly expenses for these individuals.Kelsey spent $350 in May, $432 in June and $420 in July. Her average monthlyexpenses are:2. Michael spent $700 in April and May and $800 in June and July. His average monthlyexpenses are:State whether these are fixed expenses or variable expenses:3. Rent:4. Car Loan:5. Grocery Bill:6. Gas Money:7. School Loan:8. Shopping Money:9. Calculate the budget:Car Loan$255Rent$275Utilities$300Grocery$150Other$200Total:

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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

Problem 1PS

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Maria earned $250, $3,900, $8,940, $2,340, and $5,620 from her home buisiness during the last five months. What was her average monthly income during this period?
Catherine's monthly expenses on food, transportation, and rent are in the ratio 2 : 3 : 10, respectively. If he spends $210 on food, how much does he spend on transportation and rent? Round to the nearest cent a. What is the transportation amount? b. What is the rent amount? Your friend from Australia purchased a computer for C$3,900 while visiting you for the holidays, when the exchange rate was C$1 = A$1.0285. If the exchange rate changed to C$1 = A$1.0484, what was the change in value of the computer in Australian dollars?
Please answer the following
Mike and Teresa have a monthly gross income of $6,442, but they pay $995 per month in taxes. They also pay $2,455 per month in various loan payments. What is their debt service ratio? (Keep 2 decimal places)
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Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses: Airfare $ 440 Lodging 2,400 Meals 600 Entertainment of clients 480 Required: How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)
Mike and Mary Jane Lee have a yearly income of $83,427 and own a house worth $124,800, two cars worth a total of $25,290 and furniture worth $16,003. The house has a mortgage of $63,736 and the cars have outstanding loans of $2,734 each. Utility bills, totaling $208 for this month, have not been paid. Mike and Mary Jane's debt ratio is %?. Round to two decimal places.
B. Barney and Alyson agree on the price calculated above. Ignoring tax and any other expenses, what is the effective annual return that Alyson has made on her investment? Recall that she has received 2 payments of $37 and the sale price. Give your answer as a percentage to 4 decimal places.
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Calculate the average monthly expenses for these individuals. 1. Kelsey spent $350 in May, $432 in June and $420 in July. Her average monthly expenses are: 2. Michael spent $700 in April and May and S800 in June and July. His average monthly expenses are;,