Defined:A monthly expense that stays the same.
Essential Question:1.0: Write a factual statement (not definition) concerning fixed expenses.
2.0: In your own word (not the teacher's), define fixed expenses.
3.0: Identify why fixed expenses are more desirable than variable expenses.
4.0: State 5 different fixed expenses. Explain why each one is considered a fixed expense and how it may change to a different type of expense.
"Must have" Notes:Student loans, rent, and internet bill.
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