Ryan and Sheila are preparing to get married. Sheila has a car payment of $297.00 per month, which is 9% of her monthly income.
After they are married, Sheila knows that her car payment will only be 5% of their combined monthly income. How much money does Ryan make per month?
1 answer:
Answer:
$2640
Step-by-step explanation:
Sheila's car payment is 9% of her total income.
let i = total income
this equation can be used to represent the information :
9% x i = $297
to determine i, divide both sides of the equation by 9%
$297 / 0.09 = $3300
After the marriage, the car payment which is 3300 would be 5% of the combined income.
let c = combined income
5% x c = $297
c = $297 / 0.05 = $5940
Ryan's income = combined income - Sheila's income
$5940 - $3300 = $2640
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