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12345 [234]
3 years ago
10

. I budget 28% for housing and my take-home pay is $3200, what is the highest amount that I should pay for rent?

Business
1 answer:
OlgaM077 [116]3 years ago
3 0

Answer: The highest rent I should pay for rent is $896.

In order to answer this question, we need to assume that rent is the only expense I will incur for housing.

Given this assumption, the maximum we need to spend on housing will be 28% of our take home pay.

So, maximum rent will be:

0.28*3200 = 896

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4 years ago
The following information is for douglas manufacturing company for the month of may. All materials are added at the beginning of
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2 years ago
Why is being a well-informed consumer important?
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Answer:

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7 0
3 years ago
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Answer:

Rational Choice Theory

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2 years ago
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