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When deciding how much money to set aside for a new car, a good rule of thumb to follow is to budget about one-fifth of your monthly net income for a car payment. how much shoul…
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When deciding how much money to set aside for a new car, a good rule of thumb to follow is to budget about one-fifth of your monthly net income for a car payment. how much shoul…
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Nov 28, 2018
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when deciding how much money to set aside for a new car, a good rule of thumb to follow is to budget about one-fifth of your monthly net income for a car payment. how much should you set aside for the monthly car payment if your net income is $3,750
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3750(0.20)=$750
1/5 as a percent is 20% and as a fraction it is 0.20
Jonathan Kuhn
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Dec 3, 2018
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