Question

Monica heard that as a general rule, she should spend no more than one week's pay on rent. If Monica's salary is $42,068 per year, what is the maximum amount per month that she should spend on rent?

Answer 1

The answer is $809. There are 52 weeks in a year, so $42,068/52 = $809.

Answer 2

$809

Step-by-step explanation:

According to the statement, the maximum amount per month that Monica should spend on rent is one week's pay. Considering that she has a salary of $42,068 per year, you have to divide this by 52 that is the number of weeks in a year to get the maximum amount that she can spend on rent:

$42.068/52= $809