44
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Practice Exam

Question 44 • Advanced Financial Algebra

Waylon makes $68,750 annually and pays about 22% of their gross monthly income in federal and state taxes. He wants to find an apartment to rent for no more than 30% of their monthly income after taxes. What is the monthly rent that Waylon can afford, and how much will he have remaining each month after paying rent and taxes?

Answer

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1,340.63|3,128.12

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