Question

The expenses and income of an individual are in table below. Find the net monthly cash...

The expenses and income of an individual are in table below. Find the net monthly cash flow​ (it could be positive or​ negative). Assume salaries and wages are after taxes. When you need to convert between weeks and​ months, assume that 1 month=4 weeks.

Income

​Part-time job:$700/month

College fund from​ grandparents:$350/month

​Scholarship: $6000/year

Expenses

​Rent: $ 500 /month

​Groceries: $70/week

Tuition and​ fees:

$ 3000 twice a year

​Incidentals: $ 130 per week

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