Question

sort each type of expense into the category where it fits best. clothing expenses mortgage expenses rent food expenses loan payments fixed expenses variable expenses

Explanation:

• Fixed expenses are costs that remain relatively constant over time, like mortgage, rent, and loan payments (they have set amounts or schedules).
• Variable expenses change based on usage or choices, like clothing (how much you buy) and food (how much you spend on groceries/eating out) expenses.

Answer:

Fixed expenses: mortgage expenses, rent, loan payments
Variable expenses: clothing expenses, food expenses