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astra-53 [7]
3 years ago
8

Caroline's gross annual salary is $47,448 What is the max amount of rent she can afford to pay?

Mathematics
1 answer:
morpeh [17]3 years ago
4 0

47,448/12=$3954

As, 28/36 rule states that maximum of 28% of your monthly expenditure should be spent on housing finances.

0.28*3954=$1107,12

Answer: $1107.

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Step-by-step explanation:

Steps for dividing fractions

Find the reciprocal of the divisor. Reciprocal of 35: 53.

So, 920 ÷ 35 = 920 × 53.

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Y is six more than x divided by three <br><br> turn it into an expression (y=mx+b format)
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3 years ago
Randy has to raise $50.00 to repair his bicycle. He is only $1.00 short. He has only $1 and $5 bills. If he has one more $1 bill
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Answer:

Randy has eight $5 bills and nine $1 bills

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Randy needs $50.00

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let's define:

x = number of $1 bills that he has

y = number of $5 bills that he has.

then:

x*$1 + y*$5 = $49

We know that he has one more $1 bills than $5 bills.

we can write this as

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First we can see that the variable "x" is isolated in the second equation, now we can replace that in the other equation:

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(y + 1)*$1 + y*$5 = $49

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y*($1 + $5) = $49 - $1 = $48

y*$6 = $48

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He has 8 $5 bills

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