Math

Question 1

Fuel cost formual

Answer 1

Fuel cost=fuel consumption x fuel cost ($ per L) x distance travelled

Question 2

How to calculate simple interest

Answer 2

I= Prt

P-amount of borrowed or deposit (starting amount,)
R-interest rate per year (in decimal form)
T-the time the money is invested or borrowed(in years)

Question 3

Fixed

Answer 3

-mortgage/rent
-Loan payments
-Property taxes
-cable/Internet
-Phones/utility bill
-Gym membership

Question 4

Variable

Answer 4

-entertainment
-Personal care
-Shopping
-Pet expenses
-Medical co-pays
-repairs 

Question 5

Difference between compound and simple interest

Answer 5

Compound interest adds up overtime and simple interest just taste the same