Question 2: Now, you do the math: Tell us if you can afford the apartment using the details
below.
• Your gross paycheck is $2100 per month.
• You're looking at a very small one-bedroom apartment that rents for only
$650 per month
• The electric bill runs about $60 per month for power.
• You'll pay about $10 per month for gas.
• An Internet line will cost you $20 per month.
• You have to rent a parking space for your old buggy at $20 per month.
Can you afford to get this apartment?
Yes.
O No.
If no, how much can you afford to pay in rent plus housing expenses?
$||