Answer:
A tool to measure the changes in the prices of weighted average market basket of goods and services purchased by consumers, usually households.
Answer:
the answer is n=3
Step-by-step explanation:
Answer:
(a + b) and (a - b)
Total units would be: 3+4 = 7
value of 1 unit = 28/7 = 4
ratio would be 3(4) & 4(4) = 12 & 16
Answer:
The percent of net income Maddie gives as rent = 29.97%
Step-by-step explanation:
Given:
Gross monthly income for Maddie = $2200
Percentage of her paycheck withheld = 35%
Amount paid for rent = $400
To find the percent of her net monthly pay that goes to rent.
Solution:
Amount of paycheck withheld as deductions :
⇒ 35% of the gross income
⇒ 35% of $2200
⇒
⇒ $ 770
Net income = <em>Gross income - deductions</em><em> = </em> = $1430
Percentage of net income given as rent is given as :
⇒
⇒
⇒ 27.97% (Answer)