186k views
11 votes
According to financial experts, a renter should allow 25% - 30% of their gross income for rent. Brandon makes $52,000 per year. What is the most he should spend on rent per month?

User Abdelhakim
by
7.9k points

1 Answer

2 votes
Well 30% of 52,000 is 15,600. So 15,600 per year and about 1,300 per month.
User Alin Stoian
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories