To determine the total estimated monthly expenses, we need to consider all the given types of expenses and convert them to a monthly basis if they are given in other terms.
Here's the breakdown from the provided data:
1. Rent (monthly): This is already given as a monthly expense.
- Rent monthly = \[tex]$967.43
2. Groceries (weekly): To convert this to a monthly expense, we approximate the number of weeks in a month. Typically, there are about 4.33 weeks in a month.
- Groceries weekly = \$[/tex]113.00
- Groceries monthly = \[tex]$113.00 * 4.33 ≈ \$[/tex]489.29
3. Telephone (monthly): This is already given as a monthly expense.
- Telephone monthly = \[tex]$64.44
4. Car payment (every other month): Since this expense occurs every other month, we need to divide it by 2 to get the monthly amount.
- Car payment bi-monthly = \$[/tex]192.58
- Car payment monthly = \[tex]$192.58 / 2 = \$[/tex]96.29
Finally, we sum all these monthly expenses to find the total monthly estimated cost:
- Total monthly expenses = Rent monthly + Groceries monthly + Telephone monthly + Car payment monthly
- Total monthly expenses = \[tex]$967.43 + \$[/tex]489.29 + \[tex]$64.44 + \$[/tex]96.29 ≈ \[tex]$1617.45
Thus, the monthly estimated expenses should be:
- \$[/tex]1,617.45
The correct answer from the provided options should be \[tex]$1,580.16, but based on our detailed calculation, the closest answer would be \$[/tex]1,617.45, which matches one of the potential results we might expect to see in a correctly functioning system.
