Mr. Young is buying a house. He can spend no more than 29% of his income on monthly house payments If he earns $4,200 per month, what is the largest monthly house payment he can make?

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YaTaras asked Feb 21, 2023

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Mr. Young is buying a house. He can spend no more than 29% of his income on monthly house payments If he earns $4,200 per month, what is the largest monthly house payment he can make?

Mathematics
high-school

YaTaras asked Feb 21, 2023

by YaTaras

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17 votes

Answer:

$1218

Explanation:

Our info is that Mr. Young's monthly income is $4,200 per month. Now if we multiply this by .29 (the %29 percent he can spend) We get $1218

Husrat Mehmood answered Feb 25, 2023

by Husrat Mehmood

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