WardaG748364 WardaG748364

26-10-2022
Mathematics

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If you make $2,000 per month. What is the maximum amount of rent you can afford?$800$1,000$900$700

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SanaeZ660945 SanaeZ660945

26-10-2022

The industry standard for rent is 30% of the monthly income, therefore, the total amount to spend is:

[tex]2000\times\frac{30}{100}=600[/tex]

Therefore, the maximum it can be spent on rent is 600 a month.

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