The 28/36 rule is that the maximum that the person is to spend on household expenses is 28% of their monthly income. 36% of their monthly income is the maximum they can spend on debt <u>and</u> their household expenses.
This means that the maximum they are allowed to spend on debt is:
= 36 - 28
= 8%
If their maximum allowable debt is $500, this is 8% of their gross income. This Gross monthly income is therefore:
It would be B, I’m pretty sure. Because 1 is not really considered a common factor, because it doesn’t change the expression. 2 doesn’t go into 5, and nor does 5 into two. So she is correct, that there is no common factors between the two.