Answer:
Rent each month = $1421
Amount left after rent and taxes monthly = $2453
Step-by-step explanation:
Gross salary; $61,992 per year
His gross pay per month will be;
61992/12 = $5166
Now, the standard recommended rule in budgeting for house rent is to use between 25% to 30% of your monthly pay for rent.
Now, let's adopt an average of 27.5%
Thus;
Amount he can afford for rent each month = 27.5% × 5166 = $1420.65 ≈ $1421
We are told he pays 25% of his gross monthly income in federal and state taxes.
Thus, amount spent on taxes each month = 25% × 5166 = $1291.5 ≈ $1292
Thus, amount he will gave left after rent and taxes = 5166 - (1421 + 1292) = $2453
Why do you want me a little bit of
Answer:
Step-by-step explanation:
Find the value of the left hand side (LHS)
LHS = 1/4 // 5/6
LHS = 1/4 * 6/5
LHS = 6/20
LHS = 3/10
Now what will make 3/10 on the right?
B: 1/4 * 6/5 = 6/20 = 3/10
a = 4
b = 6
c = 5
Answer:
5 1/3 - 2 4/9 = 26/9
26/9 simplified equals 2 8/9
Step-by-step explanation:
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