Question

Income Expenses The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow​ (it may be negative or​ positive). Assume that amounts shown for salaries and wages are after taxes and that1 month=4 weeks. ​Part-time job: \$1400/month ​Rent: \$450/month Student​ loans: \$6000/year ​Groceries: \$50/week ​Scholarship: \$6000/year Tuition and​ fees: \$6500/year Health​ insurance: \$40/month ​Entertainment: \$200/month ​Phone: \$45/month

The net monthly cash flow is

​\$nothing.

​(Round to the nearest dollar as​ needed.)

The net monthly income

=> 1400+(6000/12)+(6000/12)=1400+500+500

=> 2400

The net monthly expenses

=>450+50*4+6500/12+40+200+45

=>450+200+541.667+285

= 1476.667

S​​​​​o the net monthly cash flow = 2400-1476.667= \$923.333

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