Answer:
Rent each month = $1421
Amount left after rent and taxes monthly = $2453
Step-by-step explanation:
Gross salary; $61,992 per year
His gross pay per month will be;
61992/12 = $5166
Now, the standard recommended rule in budgeting for house rent is to use between 25% to 30% of your monthly pay for rent.
Now, let's adopt an average of 27.5%
Thus;
Amount he can afford for rent each month = 27.5% × 5166 = $1420.65 ≈ $1421
We are told he pays 25% of his gross monthly income in federal and state taxes.
Thus, amount spent on taxes each month = 25% × 5166 = $1291.5 ≈ $1292
Thus, amount he will gave left after rent and taxes = 5166 - (1421 + 1292) = $2453
Answer:
y = 3x + 45 is the function equation of y intercept and slope.
The answer is 1/12
The chance of getting a 3 on a six-sided dice is 1/6
The possibility of getting heads on a two-sided coin is 1/2
6 multiplied by 2 is 12
1 multiplied by 1 is 1
Hope it helps!
Answer:
Look at the graph below, hope this helped.
Step-by-step explanation: