Answer:
-8 I believe 
Step-by-step explanation:
 
        
             
        
        
        
425/1700 = 0.25
Therefore he spends 25% of his income on rent
        
             
        
        
        
Answer:
 your answer is y =-8 hopes this help
 
        
             
        
        
        
Present Value of an annuity is given by the formular
PV = P(1 - (1 + r)^-n)/r; where PV = $28,000, r = 0.081/12 = 0.00675, n = 35 and P is the periodic (monthly) payment.
P = PVr/(1 - (1 + r)^-n) = (28,000 x 0.00675)/(1 - (1 + 0.00675)^-35) = 189/0.2098 = 900.90
Therefore, the monthly payment is $900.90
        
             
        
        
        
The answer is 3:1, if you simplify the original answer 9:3