Question

James is employed at Chase Bank and makes $32,000 annually. If 20% of his income goes to housing, how much does he spend on housing annually?

Answer 1

$6,400 you need to take $32,000 and multiply it by .20 and you will get 6,400.

Answer 2

$6,400

Explanation:

1) 20% of 32,000 goes to housing!

This can be written as 0.2 times 32,000

The value of: 0.2 x 32,000 equals 6,400!

That would be your answer ($6,400)