Question

Carly and tom mason keep records of their expenditures. They want to know much they spend each month, on the average. Their records for four months are shown below. What is their average monthly expenditure?

Answer 1

The average expenditure is $4586.32

Explanation:

January: $5,678.54

February: $3,665.77

March: $4,231.98

April: $4,768.99

The average monthly expenditure is the sum of all expenditures computed/number of months

Jan+Fev+Mar+Apr/4 = 5,678.54 + 3,665.77 + $4,231.98 + $4,768.99/4 = 18,345/4 = 4586.32

So, the average expenditure is $4586.32