49.2k views
0 votes
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

User Pushistic
by
8.0k points

1 Answer

6 votes
3750(0.20)=$750
1/5 as a percent is 20% and as a fraction it is 0.20
User Jonathan Kuhn
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.