Question

Connor heard that as a general rule, he should spend no more than one weeks pay on rent. If connors salary is 29000 per year what is the maximum amount per month that he should pay

Answer 1

Approximately $604.00

Explanation:

29000/12= 2416.67 (12 because 12 months in a year)

2416.67/4= 604.1667 (4 because there are 4 weeks in a month)

Answer 2

because you are figuring one weeks pay on rent I would find out how much one weeks worth of pay is as my basis. Because there are 52 weeks in a year...
29000/52=557.70

Therefore I would say the answer is no more than 557.70.