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Mie Lee's Financial Situation: Assets:
Emergency Fund: $3,500
Monthly Expenses: Rent: $700
Utilities: $95
Groceries: $180
Gas/maintenance: $130
Credit card balance: $4,500 (minimum $135 payment)
Student loan balance: $12,500 (minimum $225 payment)
Gym membership: $50
Restaurants / Dining Out: $400
Internet: $50
Cable: $50.
what are jamie lees monthly expenses?



Answer :

Answer:

Jamie Lee's monthly expenses amount to $2,025.

Explanation:

To calculate Jamie Lee's monthly expenses, we add up all her monthly expenses:

Rent: $700

Utilities: $95

Groceries: $180

Gas/maintenance: $130

Credit card minimum payment: $135

Student loan minimum payment: $225

Gym membership: $50

Restaurants/Dining Out: $400

Internet: $50

Cable: $50

Total monthly expenses:

$700 + $95 + $180 + $130 + $135 + $225 + $50 + $400 + $50 + $50 = $2,025

So, Jamie Lee's monthly expenses amount to $2,025.

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