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Olegator [25]
3 years ago
8

Brianna's gross annual salary is $50,676. What is the recommended maximum monthly rent she should pay?

Mathematics
1 answer:
ANEK [815]3 years ago
8 0

Answer with explanation:

Gross Annual Salary of Brianna's= $ 50,676

Monthly Salary of Brianna's

          =\frac{50676}{12}\\\\=4223$

We will use \frac{28}{36} rule here,which states that, 28% of monthly income should be used for housing expenditures,and 36 % of monthly income should be used for paying Debt or Debt Purposes.

So, Maximum Monthly Rent that Brianna can pay

      = 28 % of 4223

  =\frac{28}{100} \times 4223\\\\ =\frac{118244}{100}\\\\=1182.44

=$ 1182 (Approx)

Option C: $ 1182

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