1. Use the interval 25% - 30% to find the monetary range that is recommended for the
monthly housing budget in each situation. Round to the nearest dollar.
a. Enrique makes $109,992 per year.
b. Barbara makes $5,000 per month.

(a) The monthly budget for housing would range from $2,291.50-$2,749.80.

the good estimate would be $2,566.48.

(b) The monthly budget for housing would range from $1,250-$1,500.

the good estimate would be $1,400.

Step-by-step explanation:

Explanation with steps are in the following attachment

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