When preparing her monthly budget,Maria Kent has projected income of $3,700.Each month she pays $1,200 in rent,$42 for life insurance,and $240 for her auto loan.What percentage of her budget goes for these fixed expenses?
A) 6 percent
B) 12 percent
C) 27 percent
D) 40 percent
E) 60 percent
Correct Answer:
Verified
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