Tyrek wants to lower his credit card debt and has been tracking his expenses for the past month. He found his variable expenses in relation to his fixed expenses. How much of Tyrek's monthly income is left once he pays off his fixed expenses?.

Respuesta :

$1,890 Tyrek's monthly income is left once he pays off his fixed expenses.

What is income?

income is defined in a variety of ways. Individuals and corporations often define income as the value or quantity they receive in exchange for their work and goods.

The given data in the problem is;

Variable expenses = 31%

Net income = 11%

Percentage of income left after fixed expenses.= 42%

The total income is found by ;

Total income= 42% of $4500 = $1890.

Hence $1,890 Tyrek's monthly income is left once he pays off his fixed expenses.

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