To find Kendra's net cash flow, we need to follow a step-by-step approach. We'll calculate her total income first, then we'll determine her total expenses, and finally, we'll subtract the total expenses from the total income.
### Step 1: Calculate Total Income
Kendra's income sources are:
1. Net pay: \[tex]$2,300.0
2. Interest earned on savings: \$[/tex]20.0
To find the total income, we add these two amounts together:
[tex]\[
\text{Total Income} = \$2,300.0 + \$20.0 = \$2,320.0
\][/tex]
### Step 2: Calculate Total Expenses
Kendra's expenses are listed below:
1. Mortgage: \[tex]$800.0
2. Homeowner's Association fee: \$[/tex]120.0
3. Electric: \[tex]$90.0
4. Water/Sewer: \$[/tex]45.0
5. Cable/Internet: \[tex]$95.0
6. Cell phone: \$[/tex]80.0
7. Insurance: \[tex]$275.0
8. Groceries: \$[/tex]520.0
To find the total expenses, we add all these amounts together:
[tex]\[
\text{Total Expenses} = \$800.0 + \$120.0 + \$90.0 + \$45.0 + \$95.0 + \$80.0 + \$275.0 + \$520.0 = \$2,025.0
\][/tex]
### Step 3: Calculate Net Cash Flow
Net cash flow is calculated by subtracting the total expenses from the total income:
[tex]\[
\text{Net Cash Flow} = \text{Total Income} - \text{Total Expenses} = \$2,320.0 - \$2,025.0 = \$295.0
\][/tex]
Therefore, Kendra's net cash flow is \[tex]$295.
So, the correct answer is:
a. \$[/tex]295
