Part 1
Rule of thumb for month rent: Rent ≤ 28% of monthly gross income
Then,
Month gross income = $62,112/12 = $5,176
Affordable rent = 0.28*5176 = $1,449.28
Rounding to nearest dollar;
Affordable rent = $1,449.
The correct answer is C.
Part 2
Monthly rent = $1240
Security deposit = 80% of rent = 0.8*1240 = $992
Amount to be paid = 1240*2 + 992 = $3472
The correct answer is B.
Cost = .10 x ( n ) + 50
= .10(400) + 50
= 40 + 50
= 90
I hope this helps.
By the <span>tangent-secant theorem:
x</span>² = 5(5+12) = 5 * 17 = 85
x = √85 ≈ 9.2
