66
Becoming Money $mart
You
Do the Math 3-1
The weekly spending record for Carlos Acosta for the week ending
September 17 is shown below. How much has Carlos spent for the
week? Total the amounts for each day and for the week.
Weekly Spending Record
Carlos Acosta
For the week of September 17, 20--
Amounts Spent
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 Total
Fixed
Expenses
School
lunches
$2.75 $2.75 $2.75 $2.75 $2.75
Bus fare to
work
1.35 1.35 1.35
Savings
deposit
15.00
Total Fixed
Expenses
17.75 4.10 4.10 4.10 2.75
Variable
Expenses
School
workbook
18.95
New music
CD
10.85
Lunch with
friends
10.00
New clothes 35.49
Total Variable
Expenses
18.95 10.85 10.00 35.49
Total Expenses
Check
Your
Understanding
Are most of your expenses fi xed or variable? Give two examples of variable
expenses that you may have during a month.