Which one of these auto expenses would be considered variable?
A. Insurance premiums
B. Vehicle registration renewal
C. Gasoline
D. Loan payments
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OpenStudy (espex):
Which one of those do you think can change from month to month?
OpenStudy (anonymous):
i think it is b becuase i know that it isnt a so i think b
OpenStudy (espex):
Can you see one item there that is solely dependent on "you"?
OpenStudy (espex):
Car registration and renewal are set by the sate, usually on a yearly or every two year basis, so their monthly amount is fixed as a fraction of the renewal charge.
OpenStudy (anonymous):
so it is 'c'
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OpenStudy (espex):
Yep, because it will depend on how much you drive every day.
OpenStudy (anonymous):
awsome thank you so much
OpenStudy (espex):
np
OpenStudy (anonymous):
is it ok if i come to you for help ?
OpenStudy (espex):
Sure, if I am available to help I certainly do not mind giving it. :)
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