Question

Hannah's monthly housing budget is $1,750. Her monthly costs are $230 for insurance, $98 for utilties, and $250 for

taxes. Which of these houses can she afford?
Ob
house A; monthly payment of $1,300
house B; monthly payment of $1,200
house C; monthly payment of $1,100
с

Answer 1

The house which Hannah's can afford is whose monthly payment is below $ 1,172 , I.e House C of $ 1,100

Explanation:

Given as :

The monthly housing budget of Hannah's = $ 1750

The insurance monthly cost = $ 230

The cost for utilties = $ 98

The taxes she pay = $ 250

So, The amount of Hannah's expenses = The insurance monthly cost + The cost for utilties + The taxes she pay

Or, The amount of Hannah's expenses = $230 + $98 + $250 = $578

Now, The remaining amount for housing budget = $ 1750 - $ 578

∴ The remaining amount for housing budget = $ 1,172 .

Hence The house which Hannah's can afford is whose monthly payment is below $ 1,172 , I.e House C of $ 1,100 Answer