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Haley just graduated from college. She accepted a position with a firm at an annual salary of $38400. Using HUD guidelines, what is the maximum Haley should pay for rent on a monthly basis?
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Haley just graduated from college. She accepted a position with a firm at an annual salary of $38400. Using HUD guidelines, what is the maximum Haley should pay for rent on a monthly basis?

User PGallagher
by
3.3k points

1 Answer

4 votes

Answer:

$960,000

Step-by-step explanation:

$1,000 (Monthly income x 30%)

$1,000 (3200 x 30%)

= $960,000

User Necklondon
by
3.2k points
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