When Preparing Her Monthly Budget,Maria Kent Has Projected Income of $3,700.Each

question 88

Multiple Choice

When preparing her monthly budget,Maria Kent has projected income of $3,700.Each month she pays $1,200 in rent,$42 for life insurance,and $240 for her auto loan.What percentage of her budget goes for these fixed expenses?

• A)6 percent
• B)12 percent
• C)27 percent
• D)40 percent
• E)60 percent