To determine Loretta's monthly passive income, we need to follow these steps:
1. Find Loretta's Total Passive Income for the Year:
- Loretta's total annual income is \[tex]$81,300.
- Her income from her salaried job is \$[/tex]56,800.
- The passive income for the year is the total income minus the salaried income.
[tex]\[
\text{Total Passive Income} = \$81,300 - \$56,800 = \$24,500
\][/tex]
2. Calculate the Monthly Passive Income:
- There are 12 months in a year.
- The monthly passive income is the total passive income divided by the number of months.
[tex]\[
\text{Monthly Passive Income} = \frac{\$24,500}{12} \approx \$2,041.67
\][/tex]
3. Select the Closest Answer:
- From the given choices, the value closest to \[tex]$2,041.67 is:
a. \$[/tex]2,040
Therefore, the best answer is
a. \$2,040
