1. If you make four trips home during the school year and plane tickets cost $300 per trip, how much should you budget on a monthly basis to cover this variable cost? Assume that the school year is 9...


1. If you make four trips home during the school year and plane tickets cost $300 per trip, how much should you budget on a monthly basis to cover this variable cost? Assume that the school year is 9 months long.


2. You estimate that next year you will need to buy new tires for your car at a cost of $500. This is in addition to typical maintenance costs, which have been $600 in previous years. If you get paid every other week, how much should you budget out of each paycheck to cover the estimated yearly variable expense of car repairs?



May 25, 2022
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