Ann Marie has a gross annual income of $98,000. According to Housing Recommendation #1, how much can she devote to monthly housing expenses?

Hassan Sadeghi asked Sep 15, 2023

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8 votes

Hassan Sadeghi asked Sep 15, 2023

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15 votes

The recommendation of 30% of gross annual income would be $29,400. Multiply $98,000 x 30%. Then divide by 12. $2,450 is your answer.

Bun Houth answered Sep 21, 2023

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