1. Ron makes $1,659 a month. What is the maximum monthly rent he can afford?

2 answers:

3 0

Here are my notes for monthly rents:

<span>Landlords typically require that your annual income is at least 40 times the monthly rent. For example, if you and your roommate are looking at a $3,000 per month apartment, the landlord would require a combined income of $3,000 × 40, which equals $120,000. To determine how much rent you (and your potential roommates) can afford, simply divide your combined annual incomes by 40.
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I hope my guide has come to your help. God bless and have a nice day ahead!

anygoal [31]3 years ago

3 0

Hello there.

<span>1. Ron makes $1,659 a month. What is the maximum monthly rent he can afford?

$414.75
</span>

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