which expense is considered a fixed, discretionary expense? a. car loan payment b. grocery bill. c. music subscription service fee. d. rent payment

Question

Mathematics

Lexi Stein

27 January, 11:00

which expense is considered a fixed, discretionary expense? a. car loan payment b. grocery bill. c. music subscription service fee. d. rent payment

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Answers (1)

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Franklin Stevenson · Answer 1

c. music subscription service fee

Step-by-step explanation:

A discretionary expense is an expense you (or your family) can life without if it is required. A fixed expense is a period-specif expense, which means is and expense you paid over a fix time.

If you think about, the definition of "fixed, discretionary expense" fits an entertainment subscription perfectly; therefore a music subscription service fee is a fixed, discretionary expense.