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Sagot :
Answer:
surplus each month of $294.83
Step-by-step explanation:
Given monthly expenditure:
- Fixed expenses = £2,009
- Living expenses = $653
- Annual expenses = $419
⇒ total monthly expenditure = 2009 + 653 + 419 = $3,081
Given annual income:
- Annual net income = $40,510
⇒ total monthly net income = 40510 ÷ 12 = $3,375.83 (nearest cent)
Comparing the monthly income and expenditure, we can see that he earns more than he spends, so there will be a surplus.
⇒ total monthly net income - total monthly expenditure
= 3375.83 - 3081 = $294.83
So there is a surplus each month of $294.83
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