Paragon Paragon

24-03-2016
Mathematics

Answered

a common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income. Your monthly income is $4,300

Verified Answer :

kelpel197 kelpel197

24-03-2016

4300/10 which is 43 and 43 is 1% of 4300. Then you multiply 43 by 36 because of hen you get 36% which is 1538 and 1538 is 36% of 4300. So in conclusion it should not be more that 1538$.

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