Final answer:
Stephen's rent is $300.00.
Step-by-step explanation:
To find out how much Stephen's rent is, we can set up an equation using proportions. Let x be the amount of rent.
We know that the rent is (1/4) of his pay, which is $1200.00. So we can write the equation:
(1/4) * $1200.00 = x
To solve for x, we can multiply both sides of the equation by 4:
x = (1/4) * $1200.00 * 4
x = $<<1200/4*4=1200>>1200
Therefore, Stephen's rent is $<<1200/4=300>>300.00