asked 49.2k views
0 votes
when deciding how much money to set aside for a new car, a good rule of thumb to follow is to budget about one-fifth of your monthly net income for a car payment. how much should you set aside for the monthly car payment if your net income is $3,750

1 Answer

6 votes
3750(0.20)=$750
1/5 as a percent is 20% and as a fraction it is 0.20
answered
User Jonathan Kuhn
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.