Which of the following is an example of a variable expense?
a) renter's insurance
☐ b) property tax
☐ c) mortgage payments
d) home maintenance



Answer :

Final answer:

A variable expense can change monthly based on needs and wants, with home maintenance being an example.


Explanation:

Variable expense refers to expenses that can change monthly based on needs and wants and are not fixed. In the context of the question, home maintenance is an example of a variable expense as it can vary in cost depending on repairs and upkeep requirements.


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