Question

avery has a job where she has a take home salary each month of $2600. if avery wants to spend no more than 25% of her monthly take home salary on rent, how much can she afford?

Answer 1

Explanations:

Given the following parameters:

Avery's take-home salary = $2600

If Avery wants to spend no more than 25% of her monthly take-home salary on rent, the amount she can afford will be expressed as;

`25\%\text{ of \$2600}`

Evaluate the result:

`\begin{gathered} \text{Price she can afford = 0.25 }*2600 \\ \text{Price she can afford}=25*26 \\ \text{Price she can afford}=\$650 \end{gathered}`

Therefore she can only afford no more than $650 on rent.