254,789 views
7 votes
7 votes
The Jacksons sublet their summer cottage during the winter and spring months. For each month they receive 72% of their monthly mortgage of $1,750. How much did The Jacksons earned in 6-months?

User FlyingMolga
by
2.9k points

2 Answers

16 votes
16 votes

Final answer:

The Jacksons earned $7,560 from subletting their cottage over a six-month period by receiving 72% of their monthly mortgage of $1,750 each month.

Step-by-step explanation:

To calculate the amount the Jacksons earned from subletting their summer cottage over six months, we need to follow these steps:

First, we find out the monthly sublet income, which is 72% of their monthly mortgage.

Then, we calculate this income for one month, and multiply it by six to find out the total amount for six months.

Their monthly mortgage is $1,750. The monthly sublet income is 72% of this amount:

$1,750 \(\times\) 0.72 = $1,260

Therefore, the income from subletting the cottage for one month is $1,260.

To find out the income over six months, we multiply the monthly income by 6:

$1,260 \(\times\) 6 = $7,560

This means the Jacksons earned $7,560 over the six-month period.

User TomDunning
by
2.6k points
11 votes
11 votes

Answer:

7,560

Step-by-step explanation:

70% of 1750 × 6 = 7,560

User Simon P Stevens
by
2.5k points