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Which budget Item Is an example of fixed expense? 1) Groceries 2) Entertainment 9) Student loan 4) Clothing

Pergunta

Which budget Item Is an example of fixed expense?
1) Groceries
2) Entertainment
9) Student loan
4) Clothing

Which budget Item Is an example of fixed expense? 1) Groceries 2) Entertainment 9) Student loan 4) Clothing

Solução

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Sara MariaProfissional · Tutor por 6 anos

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The correct answer is:<br /><br />3) Student loan<br /><br />A fixed expense is a cost that does not change from month to month. Student loan payments are typically the same amount each month, making them a fixed expense.
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