tamari has a monthly income of $4,250 and she wants to determine her monthly net income. she calculates that…

tamari has a monthly income of $4,250 and she wants to determine her monthly net income. she calculates that her fixed expenses are $1,955 and her variable expenses are 28% of her monthly income. how much is tamaris monthly net income?\na. $1,105\nb. $2,295\nc. $1,190\nd. $3,060\nplease select the best answer from the choices provided\no a\no b\no c\no d
Answer
Explanation:
Step1: Calculate variable expenses
Variable expenses = 28% of $4250 = 0.28×4250 = 1190$
Step2: Calculate total expenses
Total expenses = Fixed expenses + Variable expenses = 1955+1190 = 3145
Step3: Calculate net - income
Net income = Monthly income - Total expenses = 4250 - 3145 = 1105
Answer:
A. $1,105$