Let x = amount of mortgage (aka the amount by the bank)
25% of the monthly income of $3000 is 0.25*3000 = 750 dollars
So using this rule, the family can pay up to $750 per month on mortgage
1% of the amount loaned (x) is equal to this figure, so
0.01*x = 750
0.01*x/0.01 = 750/0.01
x = 75000
Therefore, the most expensive mortgage this family can afford is $75,000. Anything higher and they go over budget.
3,952 x 20=79,140
P.S. Not be rude but do you have a caculator?
-Nana
A hoax is a deception. A hoax is used to deceive people.
Since 30 times 5= 150, he worked 150 hours for the rest of the week.
