Question

What is the total amount Ronnie can spend in June to maintain the same average monthly expenditure for the second quarter as he did in the first quarter?

A) $182.75
B) $144.12
C) $161.33
D) $193.88

Answer 1

Ronnie can spend $9,115 in June to maintain the same average monthly expenditure for the second quarter as in the first quarter.

Step-by-step explanation:

To maintain the same average monthly expenditure for the second quarter as in the first quarter, Ronnie needs to spend the same amount each month. To find the total amount, we need to add up the total expenditures for the first three months and subtract it from the total income for the first quarter. Then we can use this total to calculate the remaining amount Ronnie can spend in June. Let's calculate:

Total expenditure for the first quarter: $56.75 + $43.25 + $65.00 = $165.00

Total income for the first quarter: $3,000 + $2,280 + $4,000 = $9,280

Remaining amount for June: $9,280 - $165.00 = $9,115

Therefore, Ronnie can spend $9,115 in June to maintain the same average monthly expenditure for the second quarter as in the first quarter.