PLEASE HELP ASAP
Remember, the average rent to income percentage is 25%.
Pablo’s annual gros...
Mathematics, 01.05.2021 01:00 bxbysoso
PLEASE HELP ASAP
Remember, the average rent to income percentage is 25%.
Pablo’s annual gross income is $59,550. He pays 28% of his monthly gross earnings in federal and state taxes and spends 10% of that monthly income to pay off his credit card debt. Pablo is also paying off a car loan with 8% of his income per month. Pablo found an apartment near his work that rents for $1,800 per month. Will he be able to make the payments without changing the amounts he pays towards his loan and credit card debt?
Answers: 2
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