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3 votes
Gavin’s gross biweekly salary is $1120.

Find the maximum amount of rent Gavin


can afford. Round to the nearest dollar

User ZeroOne
by
7.6k points

1 Answer

6 votes

Answer:

Explanation:

There are various guidelines that one is supposed to follow when estimating affordable rent. For example, "rent must not exceed 40%" of one's monthly salary. You don't mention a percentage (do that next time, please), but I will use 40% as an example.

If Gavin's gross biweekly salary is $1,120, 40% of that is

0.40($1,120) = $448 biweekly.

In this example, Gavin can afford to spend no more than $448 biweekly on rent.

User Herzmeister
by
8.0k points
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