Oren's monthly income is $3,725 After accounting for all his expenses, he has set aside 30% of his income for rent. He finds an apartment that costs $1,150 per month. Does this fit within his rent budget?

Question

Revolt · Accepted Answer

It is slightly over his budgeted amount.

Housing Options and Related Expenses — Test

Oren's monthly income is $3,725 After accounting for all his expenses, he has set aside 30% of his income for rent. He finds an apartment that costs $1,150 per month. Does this fit within his rent budget?

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