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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asked Aug 27, 2021 89.8k views

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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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PGallagher asked

by PGallagher

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Answer:

$960,000

Step-by-step explanation:

$1,000 (Monthly income x 30%)

$1,000 (3200 x 30%)

= $960,000

Necklondon answered Aug 31, 2021

by Necklondon

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