Peretz earns $5,475 per month. He has monthly expenses of $2,134 excluding rent. He does not want his rent to exceed 25% of his monthly income. What is the max amount he is willing to spend on rent each month?

Name: Revolt
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Revolt · Accepted Answer

$1,368.75

Components of Renting - Quiz Quiz

Peretz earns $5,475 per month. He has monthly expenses of $2,134 excluding rent. He does not want his rent to exceed 25% of his monthly income. What is the max amount he is willing to spend on rent each month?

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