Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe nd on his mortgage? A. 34.7% B. 40.2% C. 40.9% D. 37.8%
2 answers:
Answer:
Option C : 40.9% is the correct answer.
Step-by-step explanation:
The total monthly income of Robert = $1650
The mortgage payment of Robert = $675
Thus, the percentage of his income Robert spends on his mortgage is;
Therefore, Robert spends 40.9% of his monthly income on mortgage payment.
675.00/1650.00 = 0.4090...C. 40.9% .
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