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A public relations specialist earns $41,500 salary each year. He/she wants to spend no more than three times his/her salary on a house. What is the maximum price of a home that he/she can afford

User Noneme
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2 Answers

4 votes

Answer:

$3,750

Step-by-step explanation:

Hope it helps! :)

User Wolmi
by
4.2k points
1 vote

Answer:

Maximum price= $124,500

Step-by-step explanation:

Giving the following information:

Annual salary= $41,500

He/she wants to spend no more than three times his/her salary on a house.

To calculate the maximum price that he/she is willing to pay, we need to use the following formula:

Maximum price= 41,500*3

Maximum price= $124,500

User Erick R Soto
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4.7k points