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Financial Math
Home Ownership — Test
Question 10
10
Quiz
Multiple Choice
Home Ownership — Test
Question 10 • Financial Math
Monserrat earns $3,265 per month. She has monthly expenses of $1,178 excluding rent. She does not want her rent to exceed 35% of her monthly income. What is the max amount she is willing to spend on rent each month?
Answer
A
$1,142.75
B
$2,087
C
412 point 3 0 dollars
D
2 dollars comma 122 point 2 5
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Monserrat earns $3,265 per month. She has…