Paul is a college student who has the following financial information.He would like your help in figuring his surplus for last year.

What is Paul's surplus?

A) $2,650
B) $2,200
C) $1,250
D) $1,000

Question

Paul is a college student who has the following financial information.He would like your help in figuring his surplus for last year.
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What is Paul's surplus?
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A) ​$2,650 
B) ​$2,200 
C) ​$1,250 
D) ​$1,000

Quizplus · Accepted Answer

To find the surplus, we need to subtract expenses from income. Paul's income is $23,950 and his expenses are $21,750. So, his surplus is $23,950 - $21,750 = $2,200. Therefore, the correct answer is B.

Paul Is a College Student Who Has the Following Financial