When signing the lease for his $950.00 per month rental property, Stanley will have to pay the first month's rent, last month's rent, and a security deposit equal to 40% of one month's rent. If Stanley currently earns ab average bi-weekly net pay of $1,125.00, determine what percent of his monthly pay he will need if wants to save enough money to sign the lease the lease month's. Round to the nearest tenth. 22.3%
23.4%
25.9%
31.2%