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Part 1
The table to the right shows expenses and income for an individual. Find the net monthly cash flow​ (it could be negative or​ positive). Assume that salaries and wages are after​ taxes, and assume 1 month equals 4 weeks.
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Income
 Expenses
​Salary: $ 2500 divided by month
​ Rent: $ 850 divided by month
​ Groceries: $ 120 divided by week
​ Utilities: $ 135 divided by month
 Health​ insurance: ​$300 semiannually
 Car​ insurance: ​$470 semiannually
​ Gasoline: $ 25 divided by week
​ Miscellaneous: $ 420 divided by month
​ Phone: $ 75 divided by month
Question content area bottom
Part 1
The net monthly cash flow is ​$
  
enter your response here.
​(Round to the nearest dollar as​ needed.)

To calculate the net monthly cash flow, we need to find the total monthly income and subtract the total monthly expenses.

### **Step 1: Calculate Monthly Income**
- **Salary**: $2,500 per month

### **Step 2: Calculate Monthly Expenses**

1. **Rent**: $850 per month
2. **Groceries**: $120 per week. Since 1 month is approximately 4 weeks, the monthly grocery expense is:
   \[
   120 \times 4 = 480 \, \text{per month}
   \]
3. **Utilities**: $135 per month
4. **Health Insurance**: $300 semiannually. Since 6 months make up half a year, the monthly health insurance expense is:
   \[
   \frac{300}{6} = 50 \, \text{per month}
   \]
5. **Car Insurance**: $470 semiannually. The monthly car insurance expense is:
   \[
   \frac{470}{6} = 78.33 \, \text{per month} \, (\text{round to } 78)
   \]
6. **Gasoline**: $25 per week. The monthly gasoline expense is:
   \[
   25 \times 4 = 100 \, \text{per month}
   \]
7. **Miscellaneous**: $420 per month
8. **Phone**: $75 per month

### **Step 3: Total Monthly Expenses**

Add all the monthly expenses:
\[
850 + 480 + 135 + 50 + 78 + 100 + 420 + 75 = 2188
\]

### **Step 4: Calculate Net Monthly Cash Flow**

Subtract the total monthly expenses from the monthly income:
\[
2500 - 2188 = 312
\]

### **Conclusion:**
The net monthly cash flow is **$312**.

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Would you like more details on any step, or do you have any questions?

Here are 5 related questions to expand on this:

1. How would the cash flow change if the monthly salary increased by 10%?
2. What would be the net cash flow if the grocery expenses were reduced by 20%?
3. How does the semiannual car insurance affect long-term budgeting?
4. What happens to the cash flow if an additional expense of $100 per month is added?
5. How much would the net monthly cash flow be if the rent increased by $100?

**Tip**: Always keep track of semiannual and annual expenses by converting them into monthly figures for better budgeting!

The table to the right shows expenses and income for an individual. Find the net monthly cash flow​ (it could be negative or​ positive). Assume that salaries and wages are after​ taxes, and assume 1 month equals 4 weeks.
Income
Expenses
​Salary: $ 2500 divided by month
​Rent: $ 850 divided by month
​Groceries: $ 120 divided by week
​Utilities: $ 135 divided by month
Health​ insurance: ​$300 semiannually
Car​ insurance: ​$470 semiannually
​Gasoline: $ 25 divided by week
​Miscellaneous: $ 420 divided by month
​Phone: $ 75 divided by month
The net monthly cash flow is ​$
​(Round to the nearest dollar as​ needed.)

Learn how to calculate the net monthly cash flow based on expenses and income. This problem includes key concepts such as budgeting, arithmetic, and expense conversions. Solve for a net monthly cash flow using formulas and real-world expenses like rent, utilities, groceries, and insurance. Suitable for high school students in Grades 9-12.

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