• College of Western Idaho

• ADMS 138

Chapter 3 Recordkeeping Chapter 3 Lesson 3.1 Average Monthly Expenditures Mathematics You can manage your money better by keeping an accurate record of your expenditures. You will be able to evaluate your spending habits by keeping detailed records for a number of months. Average Monthly Expenditure = Sum of Monthly Expenditures Number of Months 1. Complete the table below. Monthly Expenditures Average Monthly Expenditure Name July August September October P.Barker $ 934.20 $ 1,317.27 $ 1,112.15 $ 1,019.2 1095.20 L Lee 823.40 917.17 1,012.10 987.43 935.03 K. Rue 1,134.14 1,572.99 1,996.61 1,475.50 1544.81 T. Geariger 1,192.75 1,946.62 1,439.84 1,503.22 1520.60 2. In the table above, who had the highest average expenditure? K. Rue 3. In the table above, who had the lowest average expenditure? L. Lee