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  • 26-02-2020
  • Mathematics
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Your weekly net income is $380. Your total budgeted monthly expenses $1.550,00. Do you have a surplus or deficit balance at the end of the month?

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aabdulsamir
aabdulsamir aabdulsamir
  • 02-03-2020

Answer: Deficit

Step-by-step explanation:

Weekly net income = $380

Monthly net income = $380 * 4 weeks = $1520.

Monthly expenses = $1550

Balance = Monthly income - monthly expenses = $-30.

The negative sign shows a deficit of $30 monthly

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