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Please I need help with the question now PLEASE HELP

5. Marina lives in a 2-bedroom condominium overlooking a lake. Her expenses are as follows.
•The bi-weekly mortgage and property taxes are $718.
•The condo fees are $525 per month.
•The electricity bill averages $320 bi-monthly.
•The quarterly water bill averages $210.

a) Calculate Marina’s fixed monthly expenses for housing.

b) Calculate Marina’s average monthly expenses for utilities.

c) What is her average total monthly cost for housing?

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Answer:

a) $1961

b) $710

c) $2671

Step-by-step explanation:

Bi-weekly mortgage & taxes: 718/2 weeks = 2 x 718 = $1436/month

Condo fees: $525/month

Electricity bill bi-monthly $320/2 weeks = 2 x 320 = $640/month

Water bill is quarterly, so 210/3 months. 210/3 = $70/month

a) housing expenses = mortgage, taxes, condo fees

1436 + 525 = $1961

b) utilities = electricity and water

640 + 70 = $710

c) all expenses listed

1961 + 710 = $2671

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