Alexandra's gross annual salary is $38,556. What is the maximum amount of rent she can afford to pay? Round your answer to the n

Question

VMariaS [17]

3 years ago

13

Alexandra's gross annual salary is $38,556. What is the maximum amount of rent she can afford to pay? Round your answer to the n

earest dollar.

Mathematics

2 answers:

rodikova [14] · Answer 1 · 2022-01-26T20:58:19+03:00

Alexandra's gross annual salary is $38,556. The maximum amount of rent she can afford to pay can be determined by first solving for her monthly gross salary.

Monthly Salary = ($38,556/ 12 months) = $3,213

Assuming that the amount allocated for her rent is 30% of her monthly salary, the maximum amount of rent that she can afford to pay is:

Max allowable rent = $3,213 * 0.30 = $963.90<span />

Ira Lisetskai [31] · Answer 2 · 2022-01-26T23:04:14+03:00

Ira Lisetskai [31]3 years ago

7 0

Answer:

900.00

Step-by-step explanation:

38,556 divided by 12= 3,213

3,213 x 0.28=899.64 rounded to $900.00