1.an applicant earns 25000 ETB monthly.business expense are 10000 ETB,house hold expense 7000 ETB and existing debt payment 3000 ETB. find the remaining monthly surplus
Finance
ScanSolve AI Answer
Answer
Step-by-step solution
2 stepsCalculate total monthly expenses.
Total expenses are the sum of business expenses, household expenses, and existing debt payments.
Calculate the remaining monthly surplus.
The monthly surplus is the monthly income minus the total monthly expenses.
The remaining monthly surplus is 5000\ ETB.
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