Question

Carlos didn't earn enough for the last apartment he was looking at, so he is still searching. He found one that costs $625 per month, but they require that the cost of rent be no greater that a third of his monthly income. If he must earn at least 3 times the cost of his rent, what is the smallest amount of money that Carlos needs to make per month to be approved to move in?

Answer 1

$1875

Explanation:

Given the information:

• An apartment costs: $625 per month
• They require that the cost of rent be no greater that a third of his monthly income
• The must earn at least 3 times the cost of his rent

=> the smallest amount of money that Carlos needs to make per month to be approved to move in:

= 3 times of $625

= 3*$625

= $1875

because 625 is exactly 1/3 of $1875

Hope it will find you well.