yomamaisfat1519
yomamaisfat1519 yomamaisfat1519
  • 23-10-2018
  • Mathematics
contestada

Paul's gross weekly salary is $456. What is the maximum monthly rent he can afford?Round to the nearest dollar.

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Аноним Аноним
  • 11-03-2019

Answer:

Weekly Salary of Paul = $ 456

Monthly salary of Paul (Considering there are 30 days in month)

   [tex]=456 \times 4 + 2 \times \frac{456}{7}[/tex]

= $1954.2857

= $ 1954.30 (approx)

[tex]\frac{28}{36}[/tex] Rule states that 28 % of your income should be spent on housing finances.

So, 28 % of $ 1954.30

[tex]\frac{28}{100}\times 1954.30=547.20[/tex]

Option (C) $ 553 is true.

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desertrose
desertrose desertrose
  • 24-02-2021

Answer:

553 is your answer

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