Jonathan built a shed in his friend's backyard to make some extra money. His friend paid him $970 for building the shed. The materials Jonathan had to buy cost $350. How much profit did Jonathan make?
$620
15
this month a family has the following variable expenses: $75, 350, $62, and $200 what is their total expenses?
$687
15
what do we call expenses that change in price
variable expenses
15
what do we call expenses that stay the same every month
fixed expenses
15
what do we call a plan used to manage expenses
budget
15
what do we call the money we made after all expenses are paid
profit
15
what is a loan
something you can borrow money from the bank
15
what is a savings
money put aside for later
15
The Wells family had fixed expenses and variable expenses to pay. The fixed expenses are $650 for their house payment, $375 for their car payment, $200 for utilities, $65 for their phone. What is the total fixed expenses?
$1,225
15
what is a bank
a safe place to store money
15
give an example of variable expense
N/A
15
give an example of a fixed expense
varies
15
group of boy scouts had a bake sale to raise money for camp. The cost of ingredients for all the brownies, cookies, and cakes was $95. The amount of money they received at the bake sale was $215. How much did they make in profit?
$120
15
Eddie's family had fixed expenses of $695 this month and variable expenses of $345 this month. What are their total expenses for the month?