To determine Kendra's net cash flow, let's follow these steps:
1. Identify and sum up the total income:
- Kendra's net pay is [tex]$2,300.0.
- Interest earned on savings is $[/tex]20.0.
The total income is:
[tex]\[
\text{Total Income} = \$2300.0 + \$20.0 = \$2320.0
\][/tex]
2. Identify and sum up the total expenses:
- Mortgage is [tex]$800.0.
- Homeowner's Association fee is $[/tex]120.0.
- Electric bill is [tex]$90.0.
- Water/Sewer bill is $[/tex]45.0.
- Cable/Internet bill is [tex]$95.0.
- Cell phone bill is $[/tex]80.0.
- Insurance is [tex]$275.0.
- Groceries are $[/tex]520.0.
The total expenses are:
[tex]\[
\text{Total Expenses} = \$800.0 + \$120.0 + \$90.0 + \$45.0 + \$95.0 + \$80.0 + \$275.0 + \$520.0 = \$2025.0
\][/tex]
3. Calculate the net cash flow:
[tex]\[
\text{Net Cash Flow} = \text{Total Income} - \text{Total Expenses}
\][/tex]
Substituting in the values we found:
[tex]\[
\text{Net Cash Flow} = \$2320.0 - \$2025.0 = \$295.0
\][/tex]
Therefore, Kendra's net cash flow is [tex]\(\$295\)[/tex]. The correct answer is:
a. [tex]$\$[/tex] 295$
