Answer:
The correct answer is A. $388
Step-by-step explanation:
The 28/36 Rule states that : A household should spend a maximum of 28% of its gross monthly income on total housing expenses and not more than 36% on total debt service.
Maximum expense on housing expense = 28% of 4850
= $1358
Maximum expense on total debt service = 36% of 4850
= $1746
Therefore, the maximum allowable recurring debt with a monthly income of $4,850 = 1746 - 1358 = $388
Hence, The option A is correct.
Answer:
equation: y = 50x + 75
The gift certificate will pay for the cost of 7 lessons and will have $40 left on it.
Step-by-step explanation:
0.4=40%
75%=3/4
0.64=16/25
30%=0.3
3/20=15%
The answer is 850 liters :)
