Answer :
To determine Kendra's net cash flow, let's first calculate her total income and total expenses.
### Step 1: Calculate Total Income
Kendra has two sources of income listed:
1. Net pay: \[tex]$2,300.0 2. Interest earned on savings: \$[/tex]20.0
We sum these to find the total income:
[tex]\[ \text{Total Income} = \$2,300.0 + \$20.0 = \$2,320.0 \][/tex]
### Step 2: Calculate Total Expenses
Kendra has various expenses listed. Let's add them up:
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
Adding these expenses gives us the total expenses:
[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
Finally, we find the net cash flow by subtracting the total expenses from the total income:
[tex]\[ \text{Net Cash Flow} = \text{Total Income} - \text{Total Expenses} \][/tex]
[tex]\[ \text{Net Cash Flow} = \$2,320.0 - \$2,025.0 = \$295.0 \][/tex]
So, Kendra's net cash flow is \[tex]$295. The correct answer is: a. \$[/tex]295
### Step 1: Calculate Total Income
Kendra has two sources of income listed:
1. Net pay: \[tex]$2,300.0 2. Interest earned on savings: \$[/tex]20.0
We sum these to find the total income:
[tex]\[ \text{Total Income} = \$2,300.0 + \$20.0 = \$2,320.0 \][/tex]
### Step 2: Calculate Total Expenses
Kendra has various expenses listed. Let's add them up:
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
Adding these expenses gives us the total expenses:
[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
Finally, we find the net cash flow by subtracting the total expenses from the total income:
[tex]\[ \text{Net Cash Flow} = \text{Total Income} - \text{Total Expenses} \][/tex]
[tex]\[ \text{Net Cash Flow} = \$2,320.0 - \$2,025.0 = \$295.0 \][/tex]
So, Kendra's net cash flow is \[tex]$295. The correct answer is: a. \$[/tex]295