Question

Gia's gross annual salary is $46,392.

Answer 1

I guess it's C, because her mouthly salary is $34848÷12 months is $2904

Answer 2

Answer:

Annual Salary of Gia= $ 46, 392

We will use $\frac{28}{36}$ rule to determine , monthly rent paid by Gia.

$\frac{28}{36}$ rule states that , 28% of monthly income should be used for Housing expenses and 36% of gross monthly income should be used for Debt Purposes.

28% of $ 46,392

 $=\frac{28}{100} \times 46392\\\\=\frac{1298976}{100}\\\\=12989.76$

The value =$ 12989.76, is Yearly rent.

Monthly Rent

$=\frac{12989.76}{12}\\\\=1082.48$

Maximum Monthly Rent Paid by Gia's = $ 1082.48